Pepsico: Q2 above estimates.
(CercleFinance.com) - PepsiCo had a solid second quarter, with the group reporting earnings of 2.
11 billion dollars over the period before of Wall Street opened, against 2.01 billion dollars for the same period last year.
Earnings per share (EPS) therefore rose 6% to 1.46 dollar. Adjusted EPS reached 1.5 dollar, i.e. 10 cents more than expected by analysts.
Meanwhile, revenues increased by 2% and were up 3.1% in organic terms to 15.71 billion dollars, against 15.6 billion dollars expected by the consensus.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
11 billion dollars over the period before of Wall Street opened, against 2.01 billion dollars for the same period last year.
Earnings per share (EPS) therefore rose 6% to 1.46 dollar. Adjusted EPS reached 1.5 dollar, i.e. 10 cents more than expected by analysts.
Meanwhile, revenues increased by 2% and were up 3.1% in organic terms to 15.71 billion dollars, against 15.6 billion dollars expected by the consensus.
Copyright (c) 2017 CercleFinance.com. All rights reserved.