PepsiCo: Q2 Earnings Insights

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PepsiCo PEP reported its Q2 earnings results on Tuesday, July 12, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

PepsiCo beat estimated earnings by 6.9%, reporting an EPS of $1.86 versus an estimate of $1.74.

Revenue was up $1.01 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 0.89% increase in the share price the next day.

Here's a look at PepsiCo's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.23 1.52 1.73 1.53
EPS Actual 1.29 1.53 1.79 1.72
Revenue Estimate 15.53B 24.22B 19.39B 17.96B
Revenue Actual 16.20B 25.25B 20.19B 19.22B

To track all earnings releases for PepsiCo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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