PepsiCo Earnings Top Q3 Estimates As Company Raises Revenue Forecast
PepsiCo Inc (NASDAQ:PEP) topped analysts’ expectations in terms of third-quarter earnings, with the company raising its full-year estimates despite supply chain and inflation. Pepsi stock edged below 1% on Tuesday. Q2 2021 hedge fund letters, conferences and more Earnings ReportAs informed by CNBC, supply chain disruptions, and inflationary pressures for labor, commodities, and transportation were all computed in the company’s fiscal results for the quarter. In terms of earnings per share, the company topped $1.79 against a $1.73 estimate. Likewise, the company reported a revenue of $20.19 bil...