Investing.com - PepsiCo (NASDAQ:PEP) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.29 on revenue of $16.2B. Analysts polled by Investing.com forecast EPS of $1.23 on revenue of $15.55B. .
For the year, PepsiCo shares are up 0.02%, outperforming the S&P 500 which is down 9.86% year to date.
PepsiCo follows other major Consumer Staples sector earnings this month
On Wednesday, April 20, 2022, Procter&Gamble reported third quarter EPS of $1.33 on revenue of $19.38B, compared to forecasts of EPS of $1.29 on revenue of $18.71B.
Coca-Cola earnings beat analyst's expectations on Monday, with first quarter EPS of $0.64 on revenue of $10.49B. Investing.com analysts expected EPS of $0.5792 on revenue of $9.83B
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