Investing.com - PepsiCo (NASDAQ:PEP) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.97 on revenue of $12.88B. Analysts polled by Investing.com forecast EPS of $0.92 on revenue of $12.67B. That compared to EPS of $0.96 on revenue of $12.56B in the same period a year earlier. The company had reported EPS of $1.49 on revenue of $19.52B in the previous quarter.
For the year, PepsiCo shares are up 10.8%, under-performing the S&P 500 which is up 17.36% year to date.
PepsiCo follows other major Consumer/Non-Cyclical sector earnings this month
On Thursday, April 4, 2019, Constellation Brands B reported fourth quarter EPS of $1.84 on revenue of $1.8B, compared to forecasts of EPS of $1.72 on revenue of $1.73B.
Constellation Brands A earnings beat analyst's expectations on Thursday, April 4, 2019, with fourth quarter EPS of $1.84 on revenue of $1.8B. Investing.com analysts expected EPS of $1.72 on revenue of $1.73B
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