This can’t be a reaction to Covid resurgence. Must be fears of taxation and increased minimum wage and inflation
H
PepsiCo shares pop premarket after company blows past Q3 estimates
PepsiCo Inc. shares PEP, +1.05% rose 2% in premarket trade Thursday, after the drinks and snacks company beat earnings estimates for the third quarter. The company said it had net income of $2.291 billion, or $1.65 a share, in the quarter, up from $2.100 billion, or $1.49 a share, in the year-earlier period. Adjusted per-share earnings came to $1.66, ahead of the $1.49 FactSet consensus. Revenue rose to $18.091 billion from $17.188 billion, also ahead of the FactSet consensus of $17.226 billion. The results, coming during the pandemic, reflect the strength of the company's snacks and food business, "and a significant improvement in our global beverage business," Chief Executive Ramon Laguarta said in a statement. The company is now expecting full-year core EPS of about $5.50, compared with a FactSet consensus of $5.36.
PepsiCo Inc. shares undefined rose 2% in premarket trade Thursday, after the drinks and snacks company beat earnings estimates for the third quarter. The...
PepsiCo Inc. shares undefined rose 2% in premarket trade Thursday, after the drinks and snacks company beat earnings estimates for the third quarter. The...
www.marketwatch.com
Bullish
M
To people complaining about the stock price movement after q3 earnings: the PER is currently at 27 and PEP is not a huge growth stock, but a defensive stock, so it’s probably correctly valued... You just buy it collect the divy for years, that’s the whole point with PEP. I bought it during the dip below 110 and feel great with it in my portfoiluo.
D
and what's Taco Bell doing?
S
Pepsi sales are down across the country so let's target the minorities
C
Is there anything in the pipeline to replace Aunt Jemima products and brand ? I hate to see go.
H
Massive beat. EPS of $1.65 per share! Great stuff, PepsiCo, great stuff!!
And you know what happens when you sell. Simply profit taking today which there is nothing wrong with. Long term holder and will continue to do so. I never worry about day to day with this company.
J
Just bought a Pepsi. Should help the stock soar this afternoon
It is shocking to see that US Stock indexes are up by 80-100% since 2016, despite worsening economic and corporate fundamentals! The Valuations are ABSURD! The US Government is increasing the money supply artificially but keeping the interest rates at 0%. How the is that possible? Shouldn't the Government offer a higher interest because of increased money supply and economic collapse? No bad news has been priced in the Extremely Overvalued US Stock Market! The ECONOMY IS COLLAPSING; CORPORATE REVENUES ARE TANKING, Unemployment is Skyrocketing, National and Corporate DEBT is hitting new Record Highs every day, Valuations are ABSURD, Trade War is getting worse, Politics are terrible, Money printing is out of control! CORONAVIRUS PANDEMIC is GETTING WORSE, but the WORST is YET TO COME! ENJOY FREE CAPITAL GAINS WITHOUT WORKING, while the US Government is PRINTING MONEY and PUMPING the US Stock Prices ARTIFICIALLY via the infinite margin trading desks! Now is the WORST time to invest in US Stocks for the long term investors because the Market is INSANELY OVERVALUED and OVERBOUGHT! US Stocks have a Huge room to fall, but there is upside potential anymore. Buyers must be careful! They might lose everything and see no recovery during the lifespan. ECONOMY IS COLLAPSING! US Stocks must be DOWN by 90% from their current ABSURD levels. Look at the US Stock Valuation Multiples!!! Check out P/S, P/B, P/E, P/CF, D/E and other Ratios. US Stock Market is a COMPLETE SCAM! You see how easily they are PUMPING the Stock prices on FAKE Speculations, but they don't let the stock prices to go down on TERRIBLE DATA and FACTS! It is all about PUMPING the US Stock prices and quick and Free Capital Gains!!! $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $ZM $XPEV https://www.reuters.com/article/health-coronavirus/germany-and-france-prepare-new-lockdowns-as-covid-sweeps-europe-idUSKBN27D1J2
Germany decided to shut bars and restaurants for a month on Wednesday and France prepared to tighten controls on movement as the coronavirus surged across Europe and financial markets tumbled at the likely cost of a second lockdown.
Germany decided to shut bars and restaurants for a month on Wednesday and France prepared to tighten controls on movement as the coronavirus surged across Europe and financial markets tumbled at the likely cost of a second lockdown.
www.reuters.com
Bearish
j
The moment it got to 139.70. It drop again. Come now .... do not sell this stock. It will fly tomorrow. We may heSr another big stimulus package tomorrow from Congress.
J
Great earnings report! They showed organic sales growth which is great and important! The beverage business also did fantastic! The stock will be going much higher!
Bullish
w
From Center for Science in the Public Interest:
"Consumers in Berkeley, California scored a major victory with the passage of the nation’s first healthy checkout policy requiring grocery stores to offer more nutritious food and beverages in the checkout aisle. The historic vote was taken by the Berkeley City Council last night. The action will build momentum for future efforts to improve the food retail environment across the country."
"The new policy, which applies to retailers with stores greater than 2,500 square feet, will exclude soda and candy from the checkout aisle in favor of fruit, vegetables, nuts, seeds, legumes, dairy, whole grains, and chewing gum and mints with no added sugars. Beverages in the checkout aisle must have no added sugars and no artificial sweeteners, and food items are restricted to no more than 5 grams of added sugars and 200 milligrams of sodium per serving."
r
How is amazon higher than us percentage wise today after our earnings. Volume hopefully will help it rise later
j
Power hour is coming. Let’s land at 141 today.
r
I really don’t understand this. They did great being it that people stayed home. And now with market uncertainty this stock goes down. It makes no sense erasing almost all of yesterday’s gains
D
PEP is better than bonds or treasuries for long term holders who need income. Bonds are dead money. At least with PEP you get 3%. Also look at JNJ, PRU, TROW for good dividend income and mostly safe principal.
Neutral
J
yowza, there's some PEP in the step, and a step in the PEP today!....
PepsiCo Inc. shares PEP, +1.05% rose 2% in premarket trade Thursday, after the drinks and snacks company beat earnings estimates for the third quarter. The company said it had net income of $2.291 billion, or $1.65 a share, in the quarter, up from $2.100 billion, or $1.49 a share, in the year-earlier period. Adjusted per-share earnings came to $1.66, ahead of the $1.49 FactSet consensus. Revenue rose to $18.091 billion from $17.188 billion, also ahead of the FactSet consensus of $17.226 billion. The results, coming during the pandemic, reflect the strength of the company's snacks and food business, "and a significant improvement in our global beverage business," Chief Executive Ramon Laguarta said in a statement. The company is now expecting full-year core EPS of about $5.50, compared with a FactSet consensus of $5.36.
https://www.marketwatch.com/story/pepsico-shares-pop-premarket-after-company-blows-past-q3-estimates-2020-10-01?siteid=yhoof2&yptr=yahoo
https://investors.pepsico.com/docs/album/investors/q3-2020/q3-2020-earnings-release_t2e5airsizvcvmeg.pdf
Growth ✔️
EPS beat ✔️
Guidance raised ✔️
Stock buybacks ✔️
Quarterly dividends ✔️
The US Government is increasing the money supply artificially but keeping the interest rates at 0%. How the is that possible? Shouldn't the Government offer a higher interest because of increased money supply and economic collapse?
No bad news has been priced in the Extremely Overvalued US Stock Market! The ECONOMY IS COLLAPSING; CORPORATE REVENUES ARE TANKING, Unemployment is Skyrocketing, National and Corporate DEBT is hitting new Record Highs every day, Valuations are ABSURD, Trade War is getting worse, Politics are terrible, Money printing is out of control!
CORONAVIRUS PANDEMIC is GETTING WORSE, but the WORST is YET TO COME!
ENJOY FREE CAPITAL GAINS WITHOUT WORKING, while the US Government is PRINTING MONEY and PUMPING the US Stock Prices ARTIFICIALLY via the infinite margin trading desks!
Now is the WORST time to invest in US Stocks for the long term investors because the Market is INSANELY OVERVALUED and OVERBOUGHT! US Stocks have a Huge room to fall, but there is upside potential anymore.
Buyers must be careful! They might lose everything and see no recovery during the lifespan.
ECONOMY IS COLLAPSING!
US Stocks must be DOWN by 90% from their current ABSURD levels.
Look at the US Stock Valuation Multiples!!! Check out P/S, P/B, P/E, P/CF, D/E and other Ratios.
US Stock Market is a COMPLETE SCAM! You see how easily they are PUMPING the Stock prices on FAKE Speculations, but they don't let the stock prices to go down on TERRIBLE DATA and FACTS!
It is all about PUMPING the US Stock prices and quick and Free Capital Gains!!!
$AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $ZM $XPEV
https://www.reuters.com/article/health-coronavirus/germany-and-france-prepare-new-lockdowns-as-covid-sweeps-europe-idUSKBN27D1J2
"Consumers in Berkeley, California scored a major victory with the passage of the nation’s first healthy checkout policy requiring grocery stores to offer more nutritious food and beverages in the checkout aisle. The historic vote was taken by the Berkeley City Council last night. The action will build momentum for future efforts to improve the food retail environment across the country."
"The new policy, which applies to retailers with stores greater than 2,500 square feet, will exclude soda and candy from the checkout aisle in favor of fruit, vegetables, nuts, seeds, legumes, dairy, whole grains, and chewing gum and mints with no added sugars. Beverages in the checkout aisle must have no added sugars and no artificial sweeteners, and food items are restricted to no more than 5 grams of added sugars and 200 milligrams of sodium per serving."