US Stock Movement | PepsiCo Rises Over 3% as Q3 Earnings Exceed Expectations
On Friday, PepsiCo rose more than 3%, closing at $149.67. In terms of news, PepsiCo announced its third-quarter results, with both revenue and profit exceeding Wall Street expectations. Data shows that PepsiCo's revenue in the third quarter reached $23.94 billion, slightly higher than Wall Street's expectation of $23.85 billion; adjusted earnings per share were $2.29, also surpassing the market expectation of $2.27. The U.S. snack business still faces turbulence, but PepsiCo's U.S. beverage segment has shown signs of recovery
According to Zhitong Finance APP, on Friday, PepsiCo (PEP.US) rose more than 3%, closing at $149.67. In terms of news, PepsiCo announced its third-quarter results, with both revenue and profit exceeding Wall Street expectations. Data shows that PepsiCo's revenue in the third quarter reached $23.94 billion, slightly higher than Wall Street's expectation of $23.85 billion; adjusted earnings per share were $2.29, also surpassing the market expectation of $2.27. The U.S. snack business still faces turbulence, but the beverage segment of PepsiCo in the U.S. has shown signs of recovery
