PepsiCo tops Q3 revenue and earnings estimates; updates outlook

PepsiCo Inc. (PEP) beat market estimates on revenue and earnings for the third quarter of 2018. Despite the positive results, the stock is down slightly in premarket trade. The food and beverages giant reported total revenues of $16.4 billion, up 1.5% from the same period last year. Organic revenue grew 4.9%. Net income attributable to … Continue reading PepsiCo tops Q3 revenue and earnings estimates; updates outlook