Bottles of Pepsi soft drink are seen on screen at a Target shop on February 09, 2024 in the Flatbush community of Brooklyn district New York City.
Michael M. Santiago|Getty Images
Pepsi Carbon Monoxide reported blended quarterly outcomes on Tuesday as need for its treats and beverages dropped in North America.
Shares of the firm dropped much less than 1% in premarket trading.
Here’s what the firm reported compared to what Wall Street was anticipating, based upon a study of experts by LSEG:
- Earnings per share: $1.96 readjusted vs. $1.94 anticipated
- Revenue: $27.78 billion vs. $27.89 billion anticipated
Pepsi reported fourth-quarter earnings attributable to the firm of $1.52 billion, or $1.11 per share, up from $1.3 billion, or 94 cents per share, a year previously.
Excluding restructuring, disability costs and various other products, the food and drink firm made $1.96 per share.
Net sales went down 0.2% to $27.78 billion.
