Breaking: PEPSICO Q1 2021 earnings beat, Nasdaq:PEP rises in pre-market

Ivan Brian FXStreet

Pepsico reported Q1 2021 results on Thursday. Earnings per share (EPS) was $1.21 ahead of the expectations for $1.12. Revenue was $14.82 billion versus expectations for $14.55 billion.

North America revenue was up 5%. Pepsico also reaffirmed guidance for the full year 2021.

PEP stock price

Pepsi shares (PEP) are trading at $142.50, up from Wednesday's close of $142.11.

PEP stock forecast

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Author

Ivan Brian

FXStreet

Ivan Brian started his career with AIB Bank in corporate finance and then worked for seven years at Baxter. He started as a macro analyst before becoming Head of Research and then CFO.

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