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Pepsico Beats Analysts’ Estimates for Q4 Revenue and Profit | 10 February 2023 | Daily Morning Note

Pepsico on Thursday beat analysts’ estimates for fourth-quarter revenue and profit, benefiting from price hikes for its sodas and snacks to tackle rising costs. On an adjusted basis, the company earned US$1.67 per share in the fourth quarter, beating estimates of US$1.65.

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