PepsiCo's reported EPS rose 17% while core EPS rose only 2%
PepsiCo's third-quarter profit gap comes from charges and gains that core earnings strip out. North America foods was flat, and core constant currency EPS guidance was cut to 1% to 2%. PepsiCo, Inc. (PEP) reported third-quarter 2026 earnings per share of $2.23, up 17% from a year earlier. Read alone, that looks like a strong quarter. The company's core measure tells a flatter story: core EPS...
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