Investing.com - PepsiCo (NASDAQ:PEP) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.54 on revenue of $16.45B. Analysts polled by Investing.com anticipated EPS of $1.5 on revenue of $16.43B. That compared to EPS of $1.61 on revenue of $16.09B in the same period a year earlier. The company had reported EPS of $0.97 on revenue of $12.88B in the previous quarter.
For the year, PepsiCo shares are up 19.99%, under-performing the Nasdaq 100 which is up 25.6% year to date.
PepsiCo follows other major Consumer/Non-Cyclical sector earnings this month
On Friday, June 28, 2019, Constellation Brands A reported first quarter EPS of $2.21 on revenue of $2.1B, compared to forecasts of EPS of $2.05 on revenue of $2.07B.
Constellation Brands B earnings beat analyst's expectations on Friday, June 28, 2019, with first quarter EPS of $2.21 on revenue of $2.1B. Investing.com analysts expected EPS of $2.05 on revenue of $2.07B
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