
$PEP (+1.97%)
reported a net profit of 1.26 billion US dollars for the second quarter on Thursday.
- The company, based in Purchase, New York, reported a profit of 92 US cents per share per share. Adjusted for one-off gains and costs the profit amounted to 2.12 US dollars per share.
- The results exceeded Wall Street expectations. The average estimate of nine analystsanalysts, compiled by Zacks Investment Research were surveyed was 2.03 US dollars per share.
- The food and beverage company generated revenues of turnover of 22.73 billion US dollarswhich also exceeded forecasts. Seven analystspolled by Zacks had predicted 22.39 billion US dollars expected.
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