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PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts' expectations, as international growth offset another quarter of declining volume in North America.
Shares of the company rose more than 2% in morning trading.
Here's what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Earnings per share: $2.29 adjusted vs. $2.26 expected
Revenue: $23.94 billion vs. $23.83 billion expected
Pepsi reported third-quarter net income attributable to the company of $2.6 billion, or $1.90 per share, down from $2.93 billion, or $2.13 per share, a year earlier.
Excluding restructuring and impairment charges and