07:32 AM EDT, 04/23/2024 (MT Newswires) -- PepsiCo ( PEP ) reported fiscal Q1 core earnings Tuesday of $1.61 per diluted share, up from $1.50 a year earlier.

Analysts polled by Capital IQ expected $1.52.

Net revenue for the quarter ended March 23 was $18.25 billion, up from $17.85 billion a year earlier.

Analysts surveyed by Capital IQ expected $18.10 billion.

The company said it continues to expect fiscal 2024 core EPS of at least $8.15. Analysts polled by Capital IQ are expecting $8.15.