PepsiCo Reports Second Quarter 2015 Results and Increases Full Year Earnings Outlook

Go back to PepsiCo Reports Second Quarter 2015 Results and Increases Full Year Earnings Outlook

Nomura Securities Raises Price Target on Pepsi (PEP) Following 2Q EPS Beat

July 10, 2015 10:35 AM EDT

Nomura Securities maintains a Reduce rating on Pepsico (NYSE: PEP), and raises the price target to $83.00 (from $82.00), following 2Q results. PEP reported EPS of $1.32 compared to $1.24 consensus. Analyst Ian Shackleton estimates that PEP's accounting for FX in Venezuela accounted for about half of reported +5% organic... More

Jefferies Raises Price Target on Pepsi (PEP) Following 2Q EPS Beat

July 10, 2015 8:01 AM EDT

Jefferies reiterates a Buy rating on Pepsico (NYSE: PEP), and raised the price target to $110.00 (from $109.00), following 2Q results. PEP Reported EPS of $1.32 in 2Q compared to Street est. of $1.24.

Analyst Kevin Grundy commented, "We continue to recommend PEP following strong 2Q results,... More

Pepsi (PEP) Tops Q2 EPS by 8c; Boosts FY15 Outlook

July 9, 2015 6:31 AM EDT

Pepsi (NYSE: PEP) reported Q2 EPS of $1.32, $0.08 better than the analyst estimate of $1.24. Revenue for the quarter came in at $15.9 billion versus the consensus estimate of $15.83 billion.

2015 Guidance and Outlook

The company expects mid-single-digit organic revenue growth and increased its core constant currency EPS growth target to 8 percent from 7 percent... More