Company News: PepsiCo (PEP) reported better then expected EPS and revenue

Market news

9 July 2015

Company News: PepsiCo (PEP) reported better then expected EPS and revenue

Company reported Q2 profit of $1.32 per share versus $1.24 consensus. Revenues fell 5.7% year/year to $15.92 bln versus $15.84 bln consensus.

PEP rose to $98.00 (+2.50%) on the premarket.

Upgrades and downgrades before the market open

Initial jobless claims climb by 15,000 to 297,000 in the week ending July 04

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