PepsiCo stock jumps 3% on earnings and revenue beat

Chris Rank | Bloomberg | Getty ImagesShares of the food and beverage giant jumped 3% in premarket trading.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $17.19 billion vs. $16.93 billion expected Pepsi reported fiscal third quarter net income of $2.1 billion, or $1.49 per share, down from $2.5 billion, or $1.75 per share, a year earlier.

Excluding items, Pepsi earned $1.56 per share, topping the $1.50 per share expected by analysts surveyed by Refinitiv.

We’re currently in WA state. After 5 days I found a place with DietCoke on tap. I was joyful! I’m guessing pepsi has some amazing salespeople in the state, because Pepsi rules Washington!

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Thanks to Frito Lay

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