PepsiCo Posts an Earnings Beat. Why the Stock Is Falling.

Feb 9, 2024
pepsico-posts-an-earnings-beat-why-the-stock-is-falling.

PepsiCo stock fell Friday despite reporting better-than-expected earnings after the beverages and food maker reported a surprise drop in quarterly revenue. Pepsi beat earnings estimates, however. The company said it expects to deliver 4% organic revenue growth this year and 8% per-share earnings growth this year.

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