Shares of PepsiCo Inc. PEP, +0.67% rose 2.5% in premarket trading Tuesday, after the beverage and snack giant reported third-quarter earnings that topped consensus and raised its full-year guidance.
Excluding nonrecurring items, core earnings per share of $2.25 were ahead of the FactSet consensus of $2.15. “We are pleased with our performance as our businesses and associates displayed tremendous agility and resilience across geographies and categories in an evolving and dynamic environment,” Chief Executive Ramon Laguarta said in a statement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Unity Software, Northrop, PagerDuty, Ventyx, PepsiCo, and More Stock Market MoversUnity Software Chairman and CEO John Riccitiello is retiring, Northrop Grumman stock extends gains, and PepsiCo is scheduled to report third-quarter earnings.
Source: MarketWatch - 🏆 3. / 97 Read more »
PepsiCo's stock up premarket after earnings beat consensus and company raises guidanceBeverage and snacks giant reports Q3 profit that beat expectations
Source: MarketWatch - 🏆 3. / 97 Read more »
PepsiCo beats Wall Street estimates, raises earnings outlookPepsiCo raised its full-year earnings outlook after beating Wall Street’s estimates for third-quarter earnings and revenue.
Source: nbcchicago - 🏆 545. / 51 Read more »
New 'olive oil martini' in a can hits non-alcoholic beverage market: Would you try it?Aura Bora, a sparkling water company, and Graza, an olive oil brand, have teamed up to create an olive oil martini — a non-alcoholic cocktail designed to be 'gulped.'
Source: FoxBusiness - 🏆 458. / 53 Read more »
JPMorgan earnings, inflation data and UAW strike top week aheadThe United Auto Workers strike against Ford, General Motors and Stellantis is entering its fourth wee, and Wall Street investors eye earnings from JPMorgan, Blackrock and PepsiCo.
Source: FoxBusiness - 🏆 458. / 53 Read more »