- PepsiCo’s core EPS for Q2 is $2.28, up from $2.09 last year, beating the $2.15 estimate.
- Net revenue for the quarter is $22.50 billion, a 0.8% increase from last year, slightly below the $22.59 billion estimate.
- Frito-Lay North America reported revenue of $5.87 billion, a 0.5% decrease year over year, missing the $5.94 billion estimate.
- Quaker Foods North America revenue declined by 18% to $561 million, falling short of the $588.2 million estimate.
- PepsiCo Beverages North America saw revenue of $6.81 billion, a slight increase from last year’s $6.76 billion, but below the $6.86 billion estimate.
- Revenue from Europe rose by 2.5% to $3.52 billion, exceeding the $3.47 billion estimate.
- Latin America revenue grew by 6.6% to $3.05 billion, just under the $3.08 billion estimate.
- Africa, Middle East & South Asia revenue increased by 1.5% to $1.59 billion, beating the $1.55 billion estimate.
- Revenue in the Asia Pacific, Australia, New Zealand & China region fell by 2.1% to $1.10 billion, meeting the $1.1 billion estimate.
- PepsiCo maintains its forecast for organic revenue growth at 4%, in line with previous expectations and above the 3.91% estimate.
- The company still expects core EPS of at least $8.15 for the year, close to the $8.16 estimate.
Pepsico Inc on Smartkarma
Analysts at Baptista Research on Smartkarma provided insight into PepsiCo Inc’s performance in Q1 of 2024. The Q1 earnings reflected steady growth across various business areas, with a focus on the company’s robust international performance. Despite acknowledging some challenges, PepsiCo’s leadership emphasized positive aspects of the performance, indicating a strong foundation for future growth. (Source: Baptista Research)
Another report by Value Investors Club on Smartkarma highlighted PepsiCo’s resilience amid the impact of COVID-19 on its business. With a global presence in snacks and beverages, PepsiCo maintained a strong performance, showcasing a strategic balance in revenue generation. Notably, the report pointed out the significant contribution of different segments to sales and EBIT, underlining the company’s diversified and sustainable business model. (Source: Value Investors Club)
A look at Pepsico Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Pepsico Inc shows strong indications of having a positive long-term outlook. With impressive scores in Dividend, Growth, and Momentum, the company appears to be well-positioned for future success. Pepsico’s high score in Dividend suggests a solid track record of providing dividends to its investors, reflecting financial stability and potential for consistent returns. Additionally, its strong scores in Growth and Momentum highlight the company’s potential for expansion and sustainable performance in the market.
Pepsico Inc‘s moderate scores in Value and Resilience indicate areas where there may be room for improvement. However, considering its robust performance in Dividend, Growth, and Momentum, these factors may not significantly hinder the company’s overall outlook. As Pepsico Inc operates worldwide with a diverse portfolio of beverages, snacks, and food products, its global presence and product diversity can contribute to its resilience in varying market conditions, enhancing its long-term sustainability and growth prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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