Stocks in Action USA: PepsiCo, Aehr Test Systems, Corning
Reading Time: 3 minutes
PepsiCo (PEP) – The US beverage and snack giant lowers prices, but North America remains the Achilles' heel! While PepsiCo surpasses expectations, it still disappoints investors: The beverage and snack company reports a revenue of $24.18 billion for its second business quarter (ending June 13), an increase of 6.4% and above the average analyst estimate of $23.95 billion. Adjusted for special effects, the core earnings per share rise to $2.20, up from $2.12 last year, narrowly beating the consensus forecast of $2.19. The growth is driven by the...
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