Pepsi Jumped Nearly 4% in Morning Trading After Showing Its Financial Result

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Pepsi Jumped Nearly 4% in Morning Trading After Showing Its Financial Result

Tiger Newspress2022-10-12

Pepsi jumped nearly 4% in morning trading after showing its financial result.PepsiCo said third-quarter revenue increased 8.8% year-over-year to $21.97 billion. The company reported quarterly earnings of $1.97 per share.

It raised its full-year 2022 organic revenue growth outlook from 10% to 12%. The company also raised its adjusted earnings guidance from $6.63 per share to approximately $6.73 per share versus the estimate of $6.69 per share.

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DZL
·2022-10-12
PepsiCo, 4% jump with Q3 earnings
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  8.8% Y-o-Y revenue increase
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