BTCC
/
BTCC Square
/
Global Cryptocurrency
/
PepsiCo Stock Rises on Q3 Earnings Beat, Reaffirms Fiscal Outlook
PepsiCo Stock Rises on Q3 Earnings Beat, Reaffirms Fiscal Outlook
20
3
BTCCSquare news:
PepsiCo shares gained in pre-market trading after surpassing third-quarter earnings and revenue expectations. The beverage giant posted adjusted earnings of $2.29 per share, edging past the $2.26 consensus, though slightly below last year's $2.31. Revenue climbed 2.6% year-over-year to $23.94 billion, topping estimates of $23.85 billion.
International sales drove the outperformance. Management reiterated full-year 2025 guidance, projecting $8.6 billion in total shareholder returns. Despite the beat, year-to-date shares remain down nearly 6%.
Analysts maintain a Moderate Buy rating with a $155.93 average price target, implying 12% upside. These ratings precede the earnings release and may be revised following analyst updates.
By:
