Purchase, New York-based PepsiCo, Inc. (PEP) makes, markets, distributes and sells various beverages and convenient foods worldwide. With a market cap of $192.4 billion, PepsiCo owns various world-renowned brands including Lay's, Doritos, Pepsi, Kurkure, Lipton, Quaker, 7UP, and more.
The food and beverage giant is set to unveil its first-quarter results before the market opens on Thursday, Apr. 24. Ahead of the event, analysts expect PEP to report a non-GAAP EPS of $1.51, down 6.2% from $1.61 reported in the year-ago quarter. On a positive note, PEP has surpassed the Street’s bottom-line expectations in each of the past four quarters.
