PepsiCo Inc. (NASDAQ: PEP) reported fourth-quarter 2020 earnings results today.
Net revenues increased 8.8% year-over-year to $22.4 billion while organic revenue growth was 5.7%.
Net income attributable to PepsiCo was $1.8 billion, or $1.33 per share, compared to $1.7 billion, or $1.26 per share, last year. Core EPS amounted to $1.47 per share.
For the year 2021, the company expects a mid-single-digit increase in organic revenue. The core constant currency EPS is expected to grow by high-single-digit and annual effective tax to be approximately 21 percent.
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