US Stock Market Move | PepsiCo, Inc. stock (PEP.US) rises over 3% as Q3 earnings exceed expectations.
On Friday, PepsiCo (PEP.US) rose more than 3% to $149.67.
On Friday, PepsiCo, Inc.'s (PEP.US) stock rose over 3%, reaching $149.67. In terms of news, PepsiCo, Inc. announced its third-quarter performance, with both revenue and profits surpassing Wall Street's expectations. The data shows that PepsiCo, Inc.'s revenue in the third quarter reached $23.94 billion, slightly higher than Wall Street's expected $23.85 billion; adjusted earnings per share were $2.29, also exceeding the market's expected $2.27. The American snack business continues to face instability, but there are signs of recovery in PepsiCo, Inc.'s American beverage sector.
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