Tuesday, July 10, 2018

PepsiCo Q2 Profit Beats Estimates, Organic Revenue Up 2.6%; Reaffirms Targets

PepsiCo, Inc. (PEP) reported second-quarter core EPS of $1.61, an increase of 8 percent from a year ago. Excluding the impact of foreign exchange translation, core constant currency EPS increased 7 percent from the prior-year period. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $1.52 for the quarter. Analysts' estimates typically exclude special items.

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