PepsiCo, the tender drinks and snacks large, reported fourth-quarter adjusted earnings of $1.53 a share on income of $25.3 billion, each increased than analysts’ estimates, and the corporate’s forecast for 2022 natural income progress additionally topped forecasts.

The inventory, nevertheless, was down 2.5% to $167.66 on Thursday.

Analysts surveyed by FactSet have been…

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