On Tap Today: PepsiCo, Jefferson-Pilot Report Earnings
Earnings season slows to a veritable crawl this week but not before soft-drink stud
PepsiCo
(PEP) - Get PepsiCo Inc. Report
announces its numbers for its fourth quarter.
Wall Street is expecting Pepsi to post earnings of 38 cents a share, up from 33 cents a share a year ago. On Thursday, PepsiCo's board announced that it would pay a quarterly dividend of 14 cents per share. The dividend is payable March 30, 2001 to shareholders of record on March 9, 2001.
Shares of Pepsi traded up 3.02% to finish at $44.99 on Friday.
The lone economic release for today is the
Purchasing Managers Non-manufacturing Index, which has very little impact on the market due to its short lifespan. (The earliest data is for July 1997.)
Today also marks the end of the lockup period for recent tech IPOs
Evolve Software
(EVLV)
,
Repeater Technologies
( RPTR) and a few others.
Expected Earnings Reports
This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change. The full week's earnings calendar is published separately.
TheStreet Recommends
Economic Data
(
Forecasts are from
Reuters
. Times are Eastern. For a longer-term economic calendar and more, see
TSC's
Economic Databank.
)
- 10 a.m.:
Purchasing Managers Non-manufacturing Index for January. Source:
National Association of Purchasing Management. Forecast: n.a.. Previous: 53.0.
IPO Lockups Expiring
(TheStreet.com's
Michael Falbo, who writes for
TSC's
ipoPros.com subsidiary, keeps a close eye on lockup expirations every week. For more on lockup expirations and why they matter, check out Holmes' primer on the subject. The full current lockup expiration list is published separately. For information on IPO pricings, filings and aftermarket activity, plus a calendar of upcoming IPOs, check out
TheStreet.com's
IPO data section.
)
