Pepsico (NYSE: PEP) reported earnings on Feb. 14. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 29 (Q4), Pepsico beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share expanded significantly.

Gross margins dropped, operating margins dropped, net margins increased.

Revenue details
Pepsico notched revenue of $19.95 billion. The 11 analysts polled by S&P Capital IQ anticipated revenue of $19.70 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.09. The 14 earnings estimates compiled by S&P Capital IQ averaged $1.06 per share. GAAP EPS of $1.06 for Q4 were 19% higher than the prior-year quarter's $0.89 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 51.6%, 20 basis points worse than the prior-year quarter. Operating margin was 11.1%, 270 basis points worse than the prior-year quarter. Net margin was 8.3%, 130 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $12.72 billion. On the bottom line, the average EPS estimate is $0.73.

Next year's average estimate for revenue is $68.18 billion. The average EPS estimate is $4.41.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,396 members out of 4,552 rating the stock outperform, and 156 members rating it underperform. Among 1,220 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,189 give Pepsico a green thumbs-up, and 31 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pepsico is outperform, with an average price target of $76.20.

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