CBIA - With Positive News of Pepsi Partnership Deal....Few cents more or less it is "Insignificant!.....
"Impressive Earnings from PepsiCo, Inc.
PepsiCo, Inc. posted better-than-expected earnings for its fourth quarter. The company reported fourth-quarter FY23 sales of $27.85 billion, narrowly missing the analyst consensus estimate of $28.40 billion. Despite this, the company still managed to report an adjusted EPS of $1.78 in the quarter, outperforming the street view of $1.72. Looking ahead to 2024, PepsiCo anticipates at least a 4% rise in organic revenue, accompanied by an 8% increase in core constant currency EPS"