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PepsiCo up after forecasting smaller decline in annual core profit

ReutersJul 17, 2025 10:15 AM

** Shares of PepsiCo PEP.O up ~1% at $137.15 premarket

** Co expects smaller drop in annual core profit owing to resilient demand for its energy drinks and healthier soda brands

** Expects full-year core earnings per share to fall 1.5% vs 3% decline projected previously

** Posts quarterly revenue of $22.73 billion vs analysts' estimates of $22.28 billion, as per data compiled by LSEG

** Up to last close, stock down about 11% YTD

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