Results & Dividends

PepsiCo Announces Timing and Availability of Second Quarter Financial Results and Conference Call

13/5/2019/PepsiCo /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its second quarter (ending June 15) financial results on Tuesday, July 9, 2019 at approximately 6:00 a.m. Eastern Daylight Time (EDT) by posting the results on the company’s website at https://www.pepsico.com/investors/financial-information/quarterly-earnings.  PepsiCo will issue an advisory release on July 9 over a news […]

Guinness Nigeria Q3 2019 Results Review: Underperform Rating Maintained

Culled—Proshare May 13, 2019 By FBNQuest Research  10% cut to our 2020-22E EPS forecasts  Guinness Nigeria (Guinness) missed our earnings forecasts for Q3 2019 (end-Mar) largely because of worse-than-expected sales (-9%) and opex (+4%). PBT for the quarter was behind our forecast by 15%. On a y/y basis, PBT declined […]

UBA Q1 2019 Results Review: Compelling Valuation Relative To Peers

Culled—Proshare May 7, 2019/ FBNQuest Research  8% increase to our 2019E EPS forecast and price target We maintain our Outperform rating on UBA and increase our price target by 8% to N13.9 following UBA’s Q1 2019 results which surprised positively relative to our forecasts. The upward revision to our price […]