Send me real-time posts from this site at my email
Katie O'Brien

PepsiCo Shares Unmoved After Earnings Report

PepsiCo (NYSE: PEP) released its quarterly earnings report Thursday, according to CNBC, showing numbers above analysts’ expectations.

Projections showed $12.21 billion in revenue with 70 cents earnings per share, CNBC reported, while the actual numbers were $12.22, however, EPS remained the same. These numbers did little to move the shares after the announcement.

Further, the company will officially take over as the food and drink sponsor of the National Basketball Association later this year, CNBC reported, with Mountain Dew in the center of its refreshment campaign.

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue