PepsiCo, Q2 and Earnings Call
Digest more
PepsiCo, Inc. (NASDAQ:PEP) shares are trading higher in the premarket session on Thursday, after the food and beverage giant reported second-quarter results. The company registered second-quarter adjusted earnings per share of $2.
According to analysts polled by FactSet, revenue rose to $22.7 billion in the second quarter, higher than the $22.3 billion forecast by Wall Street.
PepsiCo's 4.2% dividend yield and Q2 earnings boost may lead to a short-lived rebound. Read here for key insights on PEP stock for income-focused investors.
The beverage and snacks maker reported non?GAAP EPS of $2.12, topping the $2.03 consensus by $0.09, according to a Thursday press release. Revenue reached $22.73 billion, surpassing forecasts by $430 million and marking about a 1% year?
PepsiCo said that the snacks business saw “good performance” in markets like India in the second quarter of CY2025.
Analysts expect the soft drink and snack company to report quarterly earnings at $2.03 per share. It reported $2.28 per share in the previous year. PepsiCo is also projected to report quarterly revenue of $22.3 billion. Compare that to $22.5 billion a year earlier, according to data from Benzinga Pro.
PepsiCo reports strong Q2 growth in India’s snacks segment, but beverage sales see headwinds amid inflation and evolving consumer preferences.
Ally Financial logged higher profit in the second quarter, boosted in part by an influx of new customers. The Detroit financial-services company on Friday posted net income attributable to common shareholders of $324 million,