PepsiCo (PEP) Gains as Q2 Earnings & Sales Beat Estimates
...
PepsiCo’s second-quarter core EPS of $1.32 beat the Zacks Consensus Estimate of $1.25. However, core EPS declined 15% year over year. In constant currency, core earnings were down 11% from the year-ago period. The company’s reported EPS of $1.18 declined 18% year over year.
...
For 2020, the company plans to return $7.5 billion of cash to shareholders, comprising $5.5 billion of dividends and $2 billion of share repurchases. Further, it expects core effective tax rate of 21%. Moreover, the company expects currency headwinds to hurt revenues and core earnings per share (EPS) by 3 percentage points in 2020, based on current rates.
...
https://finance.yahoo.com/news/pepsico-p...02211.html
...
PepsiCo’s second-quarter core EPS of $1.32 beat the Zacks Consensus Estimate of $1.25. However, core EPS declined 15% year over year. In constant currency, core earnings were down 11% from the year-ago period. The company’s reported EPS of $1.18 declined 18% year over year.
...
For 2020, the company plans to return $7.5 billion of cash to shareholders, comprising $5.5 billion of dividends and $2 billion of share repurchases. Further, it expects core effective tax rate of 21%. Moreover, the company expects currency headwinds to hurt revenues and core earnings per share (EPS) by 3 percentage points in 2020, based on current rates.
...
https://finance.yahoo.com/news/pepsico-p...02211.html
![[Bild: PEPc1dl0533.png]](https://finviz.com/publish/071520/PEPc1dl0533.png)
__________________