Earnings Calendar (07Oct24) - is it time to have a Pepsi?
Earnings Calendar (07Oct24)
Q4/2024 has started. There are some interesting earnings in the coming week namely, PEPSICO, Wells Fargo, and BlackRock.
Let’s look Pepsico.
The stock price grew 4.92% compared to a year ago. Investing dot com has a “Buy” rating from Analysts Sentiment, a price target of $182.71 that suggested an up side of 8.78%.
Observations:
Revenue grew from $66.6 billion in 2014 to $91.4 billion in 2023.
Operating profit grew from $9.5 billion in 2014 to $12.9 billion in 2023.
The 10-year median margin for gross profit stands at a strong 54.5%.
The 10-year medium margin for free cash flow stands at a strong 15.0%
Earnings per share grew from $4.27 in 2014 to $6.56 in 2023.
The price earning P/E ratio stands at 24.2.
For the coming earnings, the forecast for EPS and Revenue are $2.20 and $23.9B respectively.
More importantly, the outlook of the company will reflect the coming consumer demand. I prefer to monitor this company for now as the cost of living challenges continue to trouble the typical household.
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