PepsiCo Reports Fourth Quarter and Full-Year 2016 Results; Provides 2017 Financial Outlook
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PepsiCo (PEP) PT Raised to $120 at Jefferies Following Strong 4Q Result
February 16, 2017 8:07 AM ESTJefferies analyst Kevin Grundy reiterates Buy rating and raises price target on PepsiCo Inc. (NYSE: PEP) to $120 (from $118), noting increased EPS visibility and margin improvement, as the company reported 2016 fourth quarter EPS above estimates.
Grundy comments, "We continue to recommend PEP following solid... More
Pepsi (PEP) Tops Q4 EPS by 4c; Guides Below the Street
February 15, 2017 6:33 AM ESTPepsi (NYSE: PEP) reported Q4 EPS of $1.20, $0.04 better than the analyst estimate of $1.16. Revenue for the quarter came in at $19.52 billion versus the consensus estimate of $19.51 billion.
GUIDANCE:
Pepsi sees FY2017 EPS of $5.09, versus the consensus of $5.16.
"We concluded 2016... More
