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PepsiCo cuts earnings forecast as it predicts ‘uncertainty' in tariffs, consumer spending
PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America. The food and beverage giant also cut its forecast for core constant currency earnings per share, citing new tariffs, economic volatility and a more cautious consumer.
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In the first three months of the year, earnings per share at the soft drinks and snacks supplier came in at $1.48 on an ...
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The updated outlook implies a 3% decrease in core EPS for 2025, versus a low-single-digit gain in the prior guidance, based ...
Bank of America analysts gave the snack and beverage giant a 'neutral' rating Tuesday and slashed their price target.
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