PepsiCo Reports Fourth Quarter and Full-Year 2015 Results

Go back to PepsiCo Reports Fourth Quarter and Full-Year 2015 Results

Jefferies Continues to Recommend Pepsico (PEP) Following Solid Q4; PT to $110

February 12, 2016 7:31 AM EST

Jefferies analyst Kevin Grundy reiterated a Buy rating and bumped his price target on Pepsico (NYSE: PEP) to $110.00 (from $100.00) following solid Q4 results.

Grundy commented, "We continue to recommend PEP following solid 4Q results. Despite the difficult global macro, the co.... More

Pepsi (PEP) Reports In-Line Q4 EPS; Boosts Dividend

February 11, 2016 6:35 AM EST

Pepsi (NYSE: PEP) reported Q4 EPS of $1.06, in-line with the analyst estimate of $1.06. Revenue for the quarter came in at $18.59 billion versus the consensus estimate of $18.51 billion.

The Company expects 2016 core earnings per share of $4.66, versus the consensus of $4.76.

The Company also announced a 7.1 percent increase in its annualized dividend to $3.01 per share from $2.81 per share, effective with the dividend expected to be paid in June 2016. Total dividends to shareholders are expected to be approximately $4 billion in 2016. In addition, the Company... More