Pepsico places a lower turnover than expected for the third consecutive quarter

• Pepsico’s income for the fourth quarter missed estimates on Tuesday, with the turnover that falls short for the third consecutive quarter.

• Turnover fell and the win rose slightly, but every metric got worse than expected.

• Sales decreased in the North -American segments of Pepsico while they grew internationally.

Pepso The profit of the fourth quarter was short of estimates on Tuesday, because sales missed expectations for the third pardon.

The snack food and drink giant reported a decrease of $ 27.78 billion in income, a decrease of $ 27.85 billion at the same time a year ago and the growth of $ 27.91 billion that analysts had expected. Pepsico’s (Fut) The net result was $ 1.52 billion, or $ 1.11 per share, a bit of a $ 1.3 billion increase a year ago but more than under $ 2.61 billion, or $ 1.90 per share , Consensus estimate of visible Alfa.

After correction for a number of one-off costs, such as restrictions and restructuring costs, Pepsico registered an adjusted net income of $ 2.69 billion and $ 1.96 per share, two cents better than expected.

Turnover decreased in the North American segments of the company’s snack food companies, Frito-Lay and Quaker Foods, while the volume of the turnover of the drinks fell by 3% on an annual basis. Those decreases were compensated by growth in the international divisions of the company.

Looking ahead to 2025, Pepsico said it expects a low-single rise from organic income, along with a mid-single figure increase in adapted EPS. The company also announced a bump of 5% to its dividend for the entire year to $ 5.69 per share, an increase of $ 5.42 per share earlier.

Pepsico shares fell on Tuesday morning by more than 2% after the day in the last 12 months to fall slightly more than 12%.

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