PepsiCo (PEP) reported Q2 FY 2019 earnings of $1.54 per share (versus $1.61 in Q2 FY 2018), beating analysts’ consensus of $1.51.
The company’s quarterly revenues amounted to $16.449 bln (+2.2% y/y), generally in line with analysts’ consensus estimate of $16.440 bln.
The company reaffirmed guidance for FY 2019, projecting EPS of $5.50 versus analysts’ consensus estimate of $5.53.
PEP rose to $134.00 (+1.09%) in pre-market trading.
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