PepsiCo (PEP) reported Q3 FY2024 earnings of $2.31 per share (versus $2.25 per share in Q3 FY2023), beating analysts’ consensus estimate of $2.29 per share.
The company’s quarterly revenues amounted to $23.319 bln (-0.6% y/y), missing analysts’ consensus estimate of $23.860 bln.
PEP fell to $165.46 (-1.05%) in pre-market trading.