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PepsiCo backs FY24 core EPS view ‘at least’ $8.15, consensus $8.15
The Fly

PepsiCo backs FY24 core EPS view ‘at least’ $8.15, consensus $8.15

Consistent with its previous guidance for 2024, the company continues to expect: At least 4 percent increase in organic revenue; At least 8 percent increase in core constant currency EPS; A core annual effective tax rate of 20 percent; and Total cash returns to shareholders of approximately $8.2 billion, comprised of dividends of $7.2 billion and share repurchases of $1.0 billion. In addition, the company continues to expect an approximate 1-percentage-point foreign exchange translation headwind to impact reported net revenue and core EPS growth based on current market consensus rates.

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