PepsiCo tops Q2 estimates, maintains FY outlook despite flat EPS forecast

  • PepsiCo Inc (NASDAQEP, ETREP) reported second-quarter revenue and earnings that beat Wall Street estimates on Thursday, as international markets helped offset weaker performance in its North American food business. The company posted revenue of $22.73 billion, topping analysts' average estimate of $22.29 billion, a 1% increase from a year earlier.