PepsiCo (PEP) Tops Q2 EPS by 12c, Musses on Revenue; Offers FY24 EPS Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
PepsiCo reports Q2 earnings above estimates, adjusts organic revenue growth outlook
July 11, 2024 6:18 AM EDTPepsiCo (NASDAQ: PEP) reported second-quarter earnings per share (EPS) that surpassed analyst estimates, while revenue fell slightly short.
The soft beverage maker posted Q2 EPS of $2.28, topping the projected $2.16. Revenue for the quarter totaled $22.5 billion, compared to the consensus estimate of $22.66 billion.
Pepsi shares fell around 1.7% in premarket trading Thursday.
By segment, Frito-Lay North America... More
