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PepsiCo reported strong earnings, exceeding expectations despite changes in investor holdings.
Several institutional investors have recently adjusted their holdings of PepsiCo shares, with some selling off portions of their investments while others have slightly increased their stakes.
Despite these changes, PepsiCo reported strong financial performance, beating earnings expectations with an EPS of $2.12 and a 1.0% revenue increase to $22.73 billion.
The company has a dividend yield of 4.1% and analysts expect 8.3 EPS for the year.
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PepsiCo reportó ganancias fuertes, superando las expectativas a pesar de los cambios en las participaciones de los inversores.