Wednesday, October 4, 2017

PepsiCo Q3 Profit Tops Estimates; Ups FY EPS View, Cuts Organic Revenue Forecast

Beverages giant PepsiCo, Inc. on Wednesday recorded higher third-quarter earnings, above market estimates, while top line missed their view, despite a slight increase. Further, the company lifted its forecast for fiscal 2017 core earnings per share, above market, while trimmed organic revenue growth rate.

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