Purchase, NY-based PepsiCo. Inc. (Nasdaq: PEP) will issue financial results for its second quarter 2021, ending July 12, on Tuesday, July 13. The following materials and links will be posted July 13 on the company's website at www.pepsico.com/investors:
- Press release and 10-Q at approximately 6 a.m. EDT.
- Prepared management remarks (in PDF format) at approximately 6:30 a.m. EDT.
- Live question and answer session for analysts with Ramon Laguarta, chairman and chief executive, and Hugh Johnston, vice chairman and chief financial officer at 8:15 a.m. EDT.
Citing Zacks Investment Research reports, MarketBeat said Wall Street brokerages expect PepsiCo. to announce sales of $17.76 billion for the current fiscal quarter. Five analysts have made estimates for the beverage and snack company's earnings, with the lowest sales being at $17.35 billion and the highest at $18.30 billion.
PepsiCo posted sales of $15.95 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 11.3%.