What's Next For PepsiCo Stock After A Q1 Beat?

NEW YORK, NEW YORK - FEBRUARY 09: Cans of Pepsi soda are seen on display at a Target store on ... [+] February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. (Photo by Michael M. Santiago/Getty Images)Getty ImagesPepsiCo PepsiCo (NYSE: PEP) recently reported its Q1 results, with revenues and earnings exceeding our estimates. The company reported revenue of $18.3 billion and adjusted earnings of $1.61 per share, compared to our estimates of $18.2 billion and $1.55, respectively. The ...