PepsiCo, Inc. (NASDAQ: PEP) reported its second quarter 2024 earnings outcomes at the moment.
Web income rose 1% year-over-year to $22.5 billion. Natural revenues grew 1.9%.
Web revenue attributable to PepsiCo was $3 billion, or $2.23 per share, in comparison with $2.7 billion, or $1.99 per share, final 12 months. Core EPS was $2.28.
Earnings beat expectations whereas income fell brief.
For the complete 12 months of 2024, the corporate now expects natural income development of approx. 4%, and core EPS of not less than $8.15.
The inventory dropped over 1% in premarket hours on Thursday following the announcement.
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