PepsiCo (PEP) Beats Q3 Earnings Estimates

PepsiCo (PEP) came out with quarterly earnings of $2.31 per share, beating the Zacks Consensus Estimate of$ 2.30 per share. This compares to earnings of $2.25 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 0.43%. A quarter ago, it was expected that this food and beverage company would post earnings of$ 2.15 per share when it actually produced earnings of $2.28, delivering a surprise of 6.05%. Over the last four quarters, the ...