Investing.com - PepsiCo (NASDAQ:PEP) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PepsiCo announced earnings per share of $1.97 on revenue of $21.97. Analysts polled by Investing.com anticipated EPS of $1.84 on revenue of $20.78B.
PepsiCo shares are down 93% from the beginning of the year and are trading at $162.59 , down-from-52-week-high.
PepsiCo follows other major Consumer Staples sector earnings this month
PepsiCo's report follows an earnings beat by Costco on Thursday, September 22, 2022, who reported EPS of $4.2 on revenue of $72.09B, compared to forecasts EPS of $4.17 on revenue of $70.8B.
General Mills had beat expectations on Wednesday, September 21, 2022 with first quarter EPS of $1.11 on revenue of $4.7B, compared to forecast for EPS of $1 on revenue of $4.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar