PepsiCo (NASDAQ:PEP) reported quarterly earnings of $1.86 per share which beat the analyst consensus estimate of $1.74 by 6.9 percent. This is a 8.14 percent increase over earnings of $1.72 per share from the same period last year. The company reported quarterly sales of $20.23 billion which beat the analyst consensus estimate of $19.51 billion by 3.66 percent. This is a 5.25 percent increase over sales of $19.22 billion the same period last year.
Credit Suisse Initiates Coverage On New Relic with Outperform Rating, Announces Price Target of $78
Credit Suisse analyst Fred Lee initiates coverage on New Relic (NYSE:NEWR) with a Outperform rating and announces Price Target of $78.
