$PEP Beats Estimates by $0.06 Per Share, Revenues Grow 4%
CRONKITE
Thu Apr 18, 2013 7:09am EST
“–Core1 EPS $0.77, up 12 percent. Reported EPS $0.69, a decline of 3 percent reflecting the impact of the devaluation of net monetary assets in Venezuela
–Organic1 revenue grew 4.4 percent. Reported net revenue increased 1 percent reflecting the impacts of foreign currency translation and structural changes
–Core operating margin expanded 80 basis points. Reported operating margin declined 70 basis points reflecting the Venezuela devaluation
–Company expects to return approximately $6.4 billion to shareholders through dividends and share repurchases in 2013
–Company reaffirms 7 percent core constant currency1 EPS growth guidance for 2013…”
Full report
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2013-04-18