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Kritika Sarmah

PepsiCo’s Quarterly Earnings Preview: What You Need to Know

PepsiCo PEP

Headquartered in New York, PepsiCo, Inc. (PEP) boasts a global presence with its wide-ranging portfolio of beverages and convenient foods. With a substantial market cap of $233.7 billion, the company is set to release its fiscal Q3 earnings before the market opens on Tuesday, Oct. 8.

Ahead of the event, analysts expect PepsiCo to report a profit of $2.31 per share, a 2.7% jump from $2.25 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s bottom-line estimates in each of the last four quarters. 

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