PepsiCo Q3 Adj. EPS $2.25 Beats $2.15 Estimate, Sales $23.45B Beat $23.43B Estimate
Portfolio Pulse from Benzinga Newsdesk
PepsiCo's Q3 earnings per share (EPS) of $2.25 beat the analyst consensus estimate of $2.15 by 4.65%, a 14.21% increase from the same period last year. The company's quarterly sales of $23.45 billion also beat the analyst consensus estimate of $23.43 billion by 0.09%, a 6.73% increase from the same period last year.
October 10, 2023 | 10:01 am
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POSITIVE IMPACT
PepsiCo's Q3 earnings and sales beat analyst estimates, indicating a strong financial performance.
PepsiCo's Q3 earnings and sales exceeded analyst estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100