Categories AlphaGraphs, Consumer, Earnings
PEP Earnings: All you need to know about PepsiCo’s Q4 2023 earnings results
PepsiCo Inc. (NASDAQ: PEP) reported fourth quarter 2023 earnings results today.
Net revenue remained relatively unchanged from the prior-year period at $27.8 billion. Organic revenues grew 4.5%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/02/PepsiCo-Q4-2023-Earnings-Infographic-1-608x1024.jpg)
Net income attributable to PepsiCo was $1.30 billion, or $0.94 per share, compared to $518 million, or $0.37 per share, last year. Core EPS amounted to $1.78.
Earnings beat estimates but revenue fell short.
For fiscal year 2024, the company expects at least a 4% increase in organic revenue and at least an 8% increase in core constant currency EPS.
The stock dropped over 2% in premarket hours on Friday, following the announcement.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/10/PepsiCo-Q3-2023-Earnings-Infographic-608x1024.jpg)
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%