Home>PepsiCo, Inc. PEP Q3 2012 Earnings Call Transcript
PepsiCo, Inc. PEP Q3 2012 Earnings Call Transcript
Earnings Call Transcripts by Morningstar Inc.
Wed, 17 Oct 2012
Good morning and welcome to PepsiCo's Third Quarter 2012 Earnings Conference Call. Your lines have been placed on listen-only until the question-and-answer session. Today's call is being recorded and will be archived at www.pepsico.com.
Leadership changes and litigation risk should not scare investors away from financials, as quarterly results show that several names are currently a fairly good deal, says Morningstar's Jim Sinegal.
Some quirks boosted the September employment report, but several factors--including higher wages and a construction upturn--suggest tailwinds for further improvement ahead.