《Is Elon Musk Coming for Verizon?》
PEP 短期承压——盈利指引走弱、利润率下滑、FTC 定价压力、小品牌削弱定价能力——但说话者长期看好：预期市盈率约 15 倍、股息率约 4.7% 且持续上升、大量负面因素已被计入股价，PEP 或将是长期幸存者/赢家；短期走势不明朗。
欢迎回到节目。Pepsi 上周晚些时候公布了财报，称营收增长大致符合预期。对 Pepsi 这样的公司来说没什么惊天动地的，但利润率将会下滑。他们对底线的指引比预期略弱一些。
Welcome back to the show. Pepsi reported earnings late last week and said that revenue grew about as expected. Nothing earthshattering from a company like Pepsi, but margins are going to be down.
Their guidance was a little bit weaker on the bottom line than expected.
天哪，我真希望他们没法再把更多成本转嫁出去了，因为到目前为止他们已经把成本转嫁得相当成功了。
Boy, I sure hope that they can't pass any more of them on because they've already done a great job of passing them on so far.