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PepsiCo: Q1 EPS up 29%

(CercleFinance.com) - PepsiCo has reported a 29% increase in Q1 2021 EPS to 1.
24 dollar. Core EPS reached 1.21 dollar, up 14% at constant exchange rates.

The agri-food company, which owns the Pepsi, Lays and Quaker brands, reported sales of 14.8 billion dollars up 6.8% on a reported basis, including organic growth of 2.4%.

For FY 2021, PepsiCo still expects high single digit growth in constant currency core EPS, with organic sales growth in the middle of this range.


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