PepsiCo Tops Q1 Earnings on Organic Sales Surge; Confirms 2019 Targets
PepsiCo posts stronger-than-expected first-quarter earnings after recording the fastest pace of organic sales growth in more than three years.
...
PepsiCo said earnings for the three months ended in March came in at $1 per share, up from 94 cents over the same period in 2018 and well ahead of the Street consensus of 93 cents per share. Group revenues, PepsiCo said, were also ahead of forecast at $12.88 billion and up 2.5% from the same period last year. Organic sales growth, a key figure for earnings potential that separates currency market impacts as well as mergers and acquisitions, rose 5.2% from last year, the company said.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
PepsiCo posts stronger-than-expected first-quarter earnings after recording the fastest pace of organic sales growth in more than three years.
...
PepsiCo said earnings for the three months ended in March came in at $1 per share, up from 94 cents over the same period in 2018 and well ahead of the Street consensus of 93 cents per share. Group revenues, PepsiCo said, were also ahead of forecast at $12.88 billion and up 2.5% from the same period last year. Organic sales growth, a key figure for earnings potential that separates currency market impacts as well as mergers and acquisitions, rose 5.2% from last year, the company said.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
__________________