Pepsi (PEP) Sees 3 Point Hit on FY12 EPS from Unfavorable FX Translation
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Price: $143.48 +0.99%
Financial Fact:
Provision for income taxes: 600M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Provision for income taxes: 600M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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In advance of The Barclays Capital Back-to-School Consumer Conference in Boston, Massachusetts, PepsiCo, Inc. (NYSE: PEP) today stated that, consistent with its previous guidance for 2012, PepsiCo expects a decline in core constant currency earnings per share of approximately 5 percent from its fiscal 2011 core earnings per share of $4.40.
Based on the current foreign exchange market consensus, foreign exchange translation would have an unfavorable impact of approximately three percentage points on PepsiCo’s full year core EPS performance in 2012.
Based on the current foreign exchange market consensus, foreign exchange translation would have an unfavorable impact of approximately three percentage points on PepsiCo’s full year core EPS performance in 2012.
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