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Pepsi sodas displayed for purchase at a Walmart SuperCenter on December 06, 2022 in Austin, Texas.
Brandon Bell | Getty Images
PepsiCo on Tuesday boosted its outlook for the year as it posted earnings and revenue that beat expectations.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: $1.50 adjusted vs. $1.39 expected
- Revenue: $17.85 billion vs. $17.22 billion expected
For the period ended March 25, PepsiCo reported net income of $1.93 billion, or $1.40 a share, compared with $4.26 billion, or $3.06 a share, in the year-earlier period. Excluding one-time items, the company posted $1.50 in earnings…
Source cnbc.com
