PepsiCo: Q4 Earnings Snapshot

PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Thursday reported fourth-quarter earnings of $518 million.

The Purchase, New York-based company said it had net income of 37 cents per share. Earnings, adjusted for one-time gains and costs, were $1.67 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.

The food and beverage company posted revenue of $28 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $26.85 billion.

PepsiCo expects full-year earnings to be $7.20 per share.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on PEP at

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