PepsiCo's quarterly earnings and revenue topped Wall Street's expectations.
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PepsiCo
on Thursday reported quarterly earnings and revenue that topped analysts’ expectations as its struggling North American food business reported a return to volume growth.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Pepsi reported first-quarter net income attributable to the company of $2.32 billion, or $1.70 per share, up from $1.83 billion, or $1.33 per share, a year earlier.
The food and beverage giant PepsiCo reiterated its full-year forecast.
PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street's estimates.
Shares of Coca-Cola have risen roughly 22% over the last year, raising its market value up to about $335 billion.
Shares of Coke have risen nearly 10% this year, increasing its market value to around $295 billion.
Shares of Coke have risen just 6% over the last year, hurt by concerns about the broader economy.
Charts analyst David Keller breaks down the technical outlook on PepsiCo.
