PepsiCo shares reach all-time high after earnings

Tuesday, 13. July 2021 15:53

Shares of PepsiCo gained more than 2% on Tuesday, reaching a record high, after the company revealed better-than-anticipated results for the year's second quarter.

The company's revenue reached $19.22 billion after a 20.5% jump on a yearly level, while its diluted earnings per share rocketed 44% to beat estimates and stand at $1.7.

PepsiCo's stocks jumped 2.15%, selling for $152.77 at 9:51 am ET.

Related Links: PepsiCo Inc.
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Breaking the News / BU