PepsiCo shares are trading higher after the company reported Q2 earnings and revenue beat. It also raised FY23 outlook.
Portfolio Pulse from Benzinga Newsdesk
PepsiCo reported Q2 earnings and revenue beat, leading to a rise in its shares. The company also raised its FY23 outlook.
July 13, 2023 | 10:34 am
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PepsiCo's Q2 earnings and revenue beat, along with a raised FY23 outlook, has led to a rise in its shares.
PepsiCo's better-than-expected Q2 earnings and revenue, along with a raised FY23 outlook, are positive indicators for the company's performance. This has led to an increase in its share price, indicating investor confidence in the company's future prospects.
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