H&W in the Media
Kevin Mahn on the Pepsi Earnings Pop
PepsiCo (PEP) beats its earnings estimates and hikes its dividend. Kevin Mahn discusses PEP’s earnings as they were released today, February 9th. He talks about how 4Q revenue came in at $27.99B versus an estimated $26.85B. He notes that PEP is to increase its quarterly dividend by 10%. He then goes over PayPal (PYPL) which is to report earnings today, postmarket. 4Q estimates came in at $1.20 adjusted EPS and $7.40B in revenue.
Click here to watch the video on TD Ameritrade Network.
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Disclosure: Hennion & Walsh Asset Management currently has allocations within its managed money program, and Hennion & Walsh currently has allocations within certain SmartTrust® Unit Investment Trusts (UITs), consistent with several of the investment areas discussed during this interview.