PepsiCo sees FY24 EPS at least $8.15, consensus $8.15

For 2024, the company now expects: Approximately 4 percent organic revenue growth (previously at least 4%).In addition, the company continues to expect: At least 8% increase in core constant currency EPS; A core annual effective tax rate of 20%; Total cash returns to shareholders of approximately $8.2B, comprised of dividends of $7.2B and share repurchases of $1B; and An approximate 1-percentage-point foreign exchange translation headwind to impact reported net revenue and core EPS growth based on current market consensus rates.