PepsiCo earnings top estimates, but quarterly revenue slides
In this articlePepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023.PepsiCo on Friday reported mixed quarterly results as North American demand for its food and drinks weakened.Shares of the company fell more than 1% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Earnings per share: $1.78 adjusted vs. $1.72 expectedRevenue: $27.85 billion vs. $28.4 billion expectedPepsi rep ...