PepsiCo Maintains Food and Beverage Volume Growth. Here’s Why Earnings Are Under Pressure Anyway.
Pepsi is in the midst of a multi-year turnaround plan.
Overview
PepsiCo (NASDAQ:PEP) is coming off an interesting quarter in which the company beat Wall Street consensus estimates but lowered its full-year profit guidance.
Shares rose over 3.7% on Oct. 8.
Details
In its third quarter of fiscal 2026, Pepsi reported adjusted earnings per share of $2.34, $0.05 ahead of estimates. Revenue of $25.27 billion also topped expectations by about $310 million.
Source
Originally published at www.fool.com.
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