Core Insights - PepsiCo (PEP.US) shares rose over 3%, closing at $149.67 following the release of its third-quarter earnings report which exceeded Wall Street expectations [1] Financial Performance - PepsiCo reported third-quarter revenue of $23.94 billion, slightly above Wall Street's forecast of $23.85 billion [1] - The adjusted earnings per share were $2.29, surpassing the market expectation of $2.27 [1] Business Segments - The U.S. snack business continues to face challenges, while the U.S. beverage segment shows signs of recovery [1]