Tuesday, July 11, 2017

PepsiCo Q2 Results Top Estimates; Lifts FY17 Earnings View, Below Market

Beverages giant PepsiCo Inc. reported Tuesday higher profit in its second quarter with increased revenues, despite weak margin. Core earnings per share and net revenues topped market estimates. Further, the company lifted fiscal 2017 forecast for core earnings per share, but below market view.

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