EARNINGS WRAP — Friday, October 09

Just one name after the bell, but it's a heavyweight: PepsiCo $PEP. Consumer staples check-in. Beat on the bottom line, revenue up 5.6% yoy. Quiet tape, clean print. $PEP PepsiCo: Adj EPS $2.34 vs $2.30 est (+1.9% beat). GAAP EPS $2.23. Revenue $25.3B, +5.6% yoy. Solid top-line growth from the snack-and-soda giant. THE WRAP: $PEP delivers a clean beat with revenue up 5.6% — a steady read for consumer staples. Pricing power holding, volumes intact. Watch the staples cohort as the season rolls on.

Just one name after the bell, but it's a heavyweight: PepsiCo $PEP. Consumer staples check-in. Beat on the bottom line, revenue up 5.6% yoy. Quiet tape, clean print.