PepsiCo Q4 2020 Earnings Report
Key Takeaways
PepsiCo's Q4 2020 results showed strong performance driven by its global beverage business and resilient snacks and food business. The company reported net revenue growth of 8.8% and EPS of $1.33. Organic revenue growth was 5.7%. For 2021, PepsiCo expects a mid-single digit increase in organic revenue and a high-single digit increase in core constant currency EPS.
Global beverage business accelerated, while snacks and food business remained resilient.
Net revenue growth was 8.8%, and organic revenue growth was 5.7%.
EPS was $1.33, and core EPS was $1.47.
For 2021, the company anticipates a mid-single digit increase in organic revenue and a high-single digit increase in core constant currency EPS.
PepsiCo
PepsiCo
PepsiCo Revenue by Segment
Forward Guidance
For 2021, the Company expects a mid-single digit increase in organic revenue and a high-single digit increase in core constant currency EPS.
Positive Outlook
- Expects mid-single digit increase in organic revenue.
- Expects high-single digit increase in core constant currency EPS.
- Core annual effective tax rate of approximately 21 percent.
- Total cash returns to shareholders of approximately $5.9 billion.
- 5 percent increase in annualized dividend to $4.30 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income