PepsiCo, Inc. (NASDAQ:PEP) will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 8.
Analysts expect the Purchase, New York-based company to report quarterly earnings at $2.30 per share, up from $2.25 per share in the year-ago period. PepsiCo projects to report revenue of $23.85 billion for the quarter, compared to $23.45 billion a year earlier, according to data from Benzinga Pro.
On Oct. 1, PepsiCo said it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods for $1.2 billion.
PepsiCo shares fell 0.5% to close at $167.21 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company ...
