PepsiCo Reports Second Quarter 2019 Results
Excluding items, Pepsico Inc reported adjusted earnings of $2.18 billion or $1.54 per share for the period. Analysts had expected the company to earn $1.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.2% to $16.45 billion from $16.09 billion last year.
Pepsico Inc earnings at a glance:
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Earnings (Q2): $2.18 Bln. vs. $2.30 Bln. last year.
EPS (Q2): $1.54 vs. $1.61 last year.
Analysts Estimate: $1.50
Revenue (Q2): $16.45 Bln vs. $16.09 Bln last year.
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