PepsiCo Sees Weaker 2019 Profit Amid Investment Boost After In-Line Q4 Earnings
PepsiCo posts fourth-quarter earnings that were largely in-line with analysts' forecasts, but says 2019 earnings would fall as the company boosts investments in some of its key consumer products.
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Pepsi said core earnings for the three months ending in December came in at $1.49 per share, rising 13.7% from the same period last year and matching the Street consensus forecast. Group revenues were also in-line with estimates, but were essentially flat from the prior year period at $19.524 billion. Pepsi also said it would boost its annual dividend by 3% to $3.82 per share.
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https://www.thestreet.com/investing/earn...yptr=yahoo
PepsiCo posts fourth-quarter earnings that were largely in-line with analysts' forecasts, but says 2019 earnings would fall as the company boosts investments in some of its key consumer products.
...
Pepsi said core earnings for the three months ending in December came in at $1.49 per share, rising 13.7% from the same period last year and matching the Street consensus forecast. Group revenues were also in-line with estimates, but were essentially flat from the prior year period at $19.524 billion. Pepsi also said it would boost its annual dividend by 3% to $3.82 per share.
...
https://www.thestreet.com/investing/earn...yptr=yahoo