PepsiCo (NASDAQ:PEP) reported its Q2 earnings results on Tuesday, July 12, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
PepsiCo beat estimated earnings by 6.9%, reporting an EPS of $1.86 versus an estimate of $1.74.
Revenue was up $1.01 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.89% increase in the share price the next day.
Here’s a look at PepsiCo’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.23 | 1.52 | 1.73 | 1.53 |
| EPS Actual | 1.29 | 1.53 | 1.79 | 1.72 |
| Revenue Estimate | 15.53B | 24.22B | 19.39B | 17.96B |
| Revenue Actual | 16.20B | 25.25B | 20.19B | 19.22B |
To track all earnings releases for PepsiCo visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
