PepsiCo Reports Third Quarter 2016 Results
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BMO Capital Reiterates Outperform on Pepsi (PEP) Following Solid 3Q
September 30, 2016 11:35 AM EDTBMO Capital reiterated an Outperform rating on Pepsico (NYSE: PEP), and raised the price target to $120.00 (from $116.00), following the company's 3Q earnings report. PEP exceeded or met consensus estimates for the 27th consecutive quarter. EPS was driven by solid organic sales growth, modest EBIT... More
Jefferies Cuts Price Target on Pepsi (PEP) to $122; Reiterates Buy
September 30, 2016 7:56 AM EDTJefferies maintained a Buy rating on Pepsico (NYSE: PEP), and cut the price target to $122.00 (from $124.00), following the company's 3Q earnings report. PEPs $1.40 in EPS came in 6% ahead of the Street's estimate on a strong topline 4.2% org sales vs. 2.7% estimates.
Analyst Kevin... More
Pepsi (PEP) Tops Q3 EPS by 8c
September 29, 2016 6:31 AM EDTPepsi (NYSE: PEP) reported Q3 EPS of $1.40, $0.08 better than the analyst estimate of $1.32. Revenue for the quarter came in at $16 billion versus the consensus estimate of $15.83 billion.
GUIDANCE:
Pepsi sees FY2016 EPS of $4.78, versus the consensus of... More
