PepsiCo Lowers Core EPS Growth Forecast
PEP PepsiCo Inc
$127.30 +0.49%
View chart & analysis → - 1PepsiCo lowered its annual core earnings per share growth forecast from between 5% and 7% to between 2.5% and 3.5%.
- 2PepsiCo recorded $25.3 billion in revenue for the recent quarter ended September 5, representing a revenue increase of nearly 6% year-over-year.
- 3PepsiCo's stock price has fallen by more than 15% over the past 12 months, but the dividend yield is around 4.7%.
So what's the key point?
The expected rate at which PepsiCo's profit per share grows is projected to slow down compared to before. While revenue increased, the stock price has dropped significantly, leaving the dividend yield at approximately 4.7%.
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