Investing.com - PepsiCo (NASDAQ:PEP) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.66 on revenue of $18.09B. Analysts polled by Investing.com expected EPS of $1.48 on revenue of $17.2B. .
For the year, PepsiCo shares are up 1.41%, under-performing the Nasdaq which is up 24.46% year to date.
PepsiCo follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, September 23, 2020, General Mills reported first quarter EPS of $1 on revenue of $4.36B, compared to forecasts of EPS of $0.88 on revenue of $4.22B.
Brown Forman earnings beat analyst's expectations on Wednesday, September 2, 2020, with first quarter EPS of $0.4 on revenue of $753M. Investing.com analysts expected EPS of $0.3 on revenue of $691.25M
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