PepsiCo (PEP) Pops After Earnings Beat & PayPal (PYPL) Could Cash Out

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. George Tsilis joins to demonstrate example trades using PEP and PYPL. Tune in to find out more about the stock market today.

Morning Trade Live

09 Feb 2023

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