In early trading on Thursday, PepsiCo (PEP) shares climbed 2% after the company reported quarterly earnings and revenue that beat analyst expectations.
The company posted adjusted earnings per share of $2.34 on revenue of $25.27 billion, according to its disclosure.
Analysts surveyed by LSEG had expected earnings per share of $2.29 and revenue of $24.96 billion.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.