Tuesday, October 2, 2018

PepsiCo Q3 Profit Tops Estimates, Organic Revenue Up 4.9%; Updates 2018 Targets

PepsiCo, Inc. (PEP) reported third-quarter core EPS of $1.59, an increase of 7 percent from prior year. Excluding the impact of foreign exchange translation, core constant currency EPS increased 9 percent. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $1.57 for the quarter. Analysts' estimates typically exclude special items.

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