PepsiCo, Inc. (NYSE: PEP)'s earnings report marks an
end to earnings season for the soda and beverage makers. Here is a look at how the group performed.
PepsiCo
-
PepsiCo earned $1.20 per share in the fourth quarter on revenue of $19.52
billion.
- Wall Street analysts were expecting the company to earn $1.16 per share on revenue of $19.51 billion.
- PepsiCo guided its full fiscal year 2017 earnings per share to be $5.09, which fell short of the $5.16 per share analysts
were expecting.
- Chairman and CEO Indra Nooyi commented: "We concluded 2016
with another strong quarter of operating performance, capping off a successful year. We met or exceeded every financial goal we
set for 2016, while delivering a good balance between revenue performance and productivity."
Related Link: Earnings Scheduled For February 15,
2017
Coca-Cola Co
-
The Coca-Cola Co (NYSE: KO) earned $0.37 per share in
the fourth quarter on revenue of $9.4 billion.
- Wall Street analysts were expecting the company to earn $0.37 per share on revenue of $9.13 billion.
- Shares of Coca-Cola Co fell more than 2 percent
after the earnings report.
- Muhtar Kent, chairman and CEO of Coca-Cola Co
commented: "We are pleased to report that we ended 2016 with fourth quarter top- and bottom-line growth within our
expectations."
Dr Pepper Snapple
-
Dr Pepper Snapple Group Inc. (NYSE: DPS) reported
that it earned $1.04 per share in the fourth quarter on revenue of $1.578 billion.
- Wall Street analysts were expecting the company to earn $1.06 per share on revenue of $1.57 billion.
- The company guided its full-year fiscal 2017 earnings per share to a range of $4.44 to $4.54 versus the consensus estimate of
$4.41 per share.
- DPS president and CEO Larry Young commented: "In a continuously
competitive environment, we remained focused on our integrated communication and execution strategies and unlocked growth across
our priority brand."
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