Pepsico / Coca-Cola - Before the Bell

[Scooterd]

For those with Vested Interest - Pepsico is scheduled to release Q4 earnings results on Thursday, February 10th, before market open.

In the last reported quarter, the company’s bottom line beat analysts estimates by 3.5%. For their last quarter, PepsiCo (PEP) reported earnings of $1.79 per share, beating analyst estimates of $1.73 per share. PEP has delivered an earnings surprise of 6.5%, on average, in the trailing four quarters. Analysts are expecting the company to report earnings of $1.53 per share, reflecting a year-over-year increase of 4.08%.


Coca-Cola Co will also be reporting before Before the opening bell tomorrow

For their last quarter, Coca-Cola (KO) reported earnings of $0.65 per share, beating analysts estimates of $0.58 per share.
Analysts are expecting the company to report earnings of $0.40 per share, reflecting a year-over-year decrease of 14.89%.


 - Scoot

[Scooterd]

PEP
Earnings call - Ongoing
Q4 2021 EPS Beat 0.92%, Revenue Beat 4.18%

PepsiCo topped analysts’ expectations for quarterly earnings and revenue in the fiscal fourth-quarter, but gave a weaker-than-expected outlook for 2022. The food and beverage giant said it is feeling the impact of inflation, as the price of cooking oil, packaging and transportation rise. The company said it expects to return about $7.7 billion to shareholders in the coming year, including dividends of $6.2 billion and share buybacks totaling $1.5 billion.

KO
Earnings calls - Ongoing
Q4 2021, EPS Beat 9.35%, Revenue Beat 6.07%

Coca-Cola earnings and revenue topped Wall Street’s estimates, but the company’s 2022 forecast was weaker than expected. For 2022, Coke is expecting comparable earnings per share growth of 5% to 6%, while Wall Street analysts were forecasting 6.1% growth. It expects higher commodity costs to hit earnings by mid-single digits. The company is also predicting organic revenue growth of 7% to 8% for the full year.

All enjoy their day

- Scoot

[EricL]

• PepsiCo press release (NASDAQ:PEP): Q4 Non-GAAP EPS of $1.53 [color=var(--teal-100)]beats by $0.01[/color].
  
  
• Revenue of $25.25B (+12.4% Y/Y) [color=var(--teal-100)]beats by $1.01B[/color].
  
  
• Shares [color=var(--teal-100)]+0.04%[/color] PM.
  
  
• The company announced a 7% increase in its annualized dividend to $4.60 per share from $4.30 per share, effective with the dividend expected to be paid in June 2022.
  
  
• The company also announced a new share repurchase program providing for the repurchase of up to $10B of PepsiCo common stock through February 28, 2026.
  
  
• For FY2022, the company expects a 6%t increase in organic revenue; core annual effective tax rate of 20%; Total cash returns to shareholders of approximately $7.7B, comprised of dividends of $6.2Bn and share repurchases of $1.5B; core earnings per share of $6.67 vs. consensus of $6.72.