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Benzinga

Business

Nabaparna Bhattacharya

Goldman Says PepsiCo Poised For Turnaround As Innovation, Productivity Ramp Up

PEP PepsiCo Bonnie Herzog

November,6,,2022,,Brazil.,In,This,Photo,Illustration,The,Pepsico,

PepsiCo, Inc. (NASDAQ:PEP) shares are bubbling as bold new drinks and a turbocharged productivity playbook promise more fizz across its shelves.

The company reported third-quarter adjusted earnings per share of $2.29, beating the analyst consensus estimate of $2.26.

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