• PepsiCo is gaining ground after its earnings beat

    11 days ago - By Business Insider

    PepsiCo is gaining ground Tuesday after it beat on both the top and bottom lines.
    Solid Frito-Lay sales helped offset a decline in its North America beverage sales.
    North America beverages could be key moving forward.
    Watch PepsiCo trade in real time here.
    PepsiCo shares are up 3% Tuesday morning after the company reported better-than-expected second-quarter earnings.
    The beverage and snack maker posted core earnings of $1.61 per share, topping the Wall Street consensus of $1.52. Revenue came in at $16.09 billion, edging out the $16.04 billion that was anticipated.
    PepsiCo sales grew of...
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  • PepsiCo revenue is on the rise

    PepsiCo revenue is on the rise

    11 days ago - By Chron

    PURCHASE, N.Y. - PepsiCo is reporting strong earnings for the second quarter and rising revenue.
    The company earned $1.82 billion, or $1.28 per share. Adjusted for one-time gains and costs, per-share earnings were $1.61. That, according to a poll by Zacks Investment Research, 10 cents better than Wall Street had expected.
    Revenue at the Purchase, New York beverage and snack maker was $16.09 billion, up by 2.4 percent, but just shy of most projections.
    PepsiCo expects full-year earnings to be $5.70 per share.
    Shares PepsiCo Inc. rose 1 percent before the opening bell Tuesday.
    Portions of...
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  • Frito-Lay unit sales power PepsiCo's profit, revenue beat

    11 days ago - By Reuters

    PepsiCo Inc reported second-quarter revenue and profit that topped Wall Street estimates as higher sales in its Frito-Lay unit in North America helped offset sluggish demand for beverages.
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  • PepsiCo second-quarter revenue rises 2.4 percent

    11 days ago - By Reuters

    PepsiCo Inc reported a 2.4 percent rise in quarterly revenue on Tuesday due to higher sales growth in its Frito-Lay unit in North America that helped offset weak demand for beverages.
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