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via finance.yahoo.comMarkets

PepsiCo beats Q3 estimates with earnings and revenue growth

FROM THE WIRE · FINANCE.YAHOO.COM

PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Thursday reported third-quarter net income of $3.05 billion. The Purchase, New York-based company said it had net income of $2.23 per share. Earnings, adjusted for one-time gains and costs, came to $2.34 per…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishPepsiCo's better-than-expected results are market-moving for a mega-cap in food & beverage.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01PepsiCo reported net income of $3.05 billion in Q3.
  2. 02Adjusted earnings per share of $2.34 beat estimates of $2.29.
  3. 03Revenue of $25.27 billion exceeded forecasts of $24.88 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
PepsiCo, Inc.PEPStock123.73 USDMarket closedtoday -1.58%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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