$PEP (-0,71 %) 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.
