Categories AlphaGraphs, Consumer, Earnings

PEP Earnings: Key quarterly highlights from PepsiCo’s Q1 2022 financial results

PepsiCo, Inc. (NASDAQ: PEP) reported first quarter 2022 earnings results today.

Net revenues grew 9.3% year-over-year to $16.2 billion. Organic revenue growth was 13.7%.

Net income attributable to PepsiCo was $4.2 billion, or $3.06 per share, compared to $1.7 billion, or $1.24 per share, in the year-ago period. Core EPS was $1.29.

Both the top and bottom line numbers beat estimates.

For fiscal year 2022, the company expects to deliver organic revenue growth of 8%. Core EPS is estimated to increase 6% YoY to $6.63.

Prior performance

PepsiCo Q4 2021 earnings infographic

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