|Bid||136.95 x 800|
|Ask||138.11 x 800|
|Day's Range||137.10 - 138.61|
|52 Week Range||101.42 - 147.20|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||28.17|
|Earnings Date||Oct 01, 2020 - Oct 05, 2020|
|Forward Dividend & Yield||4.09 (2.97%)|
|Ex-Dividend Date||Sep 03, 2020|
|1y Target Est||146.86|
Impossible Foods raises its latest slug of capital to fund its hyper growth.
PepsiCo (PEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Looking at Q2, PepsiCo (NASDAQ: PEP) earned $2.40 billion, a 20.09% increase from the preceding quarter. PepsiCo also posted a total of $15.95 billion in sales, a 14.87% increase since Q1. PepsiCo earned $2.00 billion, and sales totaled $13.88 billion in Q1.Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed in a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth in a company and is a sign of higher earnings per share for shareholders in the future. A low or negative ROCE suggests the opposite. In Q2, PepsiCo posted an ROCE of 0.19%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.View more earnings on PEPReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.In PepsiCo's case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.Q2 Earnings Insight PepsiCo reported Q2 earnings per share at $1.32/share, which beat analyst predictions of $1.25/share.See more from Benzinga * Morning Market Stats in 5 Minutes * How Does PepsiCo's Debt Look Like? * PepsiCo: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.