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PepsiCo earnings crush estimates as restaurant demand returns, company raises forecast

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PepsiCo on Tuesday reported that its quarterly revenue rose more than 20% as restaurant demand for its drinks returned, fueling an earnings beat.

The company also raised its forecast for its fiscal 2021 constant currency earnings.In this article

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $19.22 billion vs. $17.96 billion expected

 

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