PepsiCo Non-GAAP EPS of $1.29 beats by $0.06, revenue of $16.2B beats by $660M
PepsiCo press release  (NASDAQ:PEP): Q1  Non-GAAP EPS of $1.29  beats by $0.06.
Revenue of $16.2B (+9.3% Y/Y)  beats by $660M.
Shares +0.15% PM.
For FY2022, the company expects a 8% increase in organic revenue vs. prior outlook growth of 6%; core annual effective tax rate of 20%; Total cash returns to shareholders of approximately $7.7B, comprised of dividends of $6.2Bn and share repurchases of $1.5B; core earnings per share of $6.63 vs.Â consensus of $6.67.