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The company provides a reconciliation of the $5.66 EPS figures to the income statements reported EPS figure of $8.78. Also referred to as Core EPS

The company provides a reconciliation of the $5.66 EPS figures to the income statements reported EPS figure of $8.78. Also referred to as Core EPS in a PepsiCo-related press release, this figure, $5.66, is a non-GAAP financial measure many companies choose to report. What does a non-GAAP financial measure mean? What does the terminology core suggest to you? What is the reason that many companies provide non-GAAP financial information in their financial reports?

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