PepsiCo (PEP) reported Q2 FY 2020 earnings of $1.32 per share (versus $1.54 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.25 per share.
The company’s quarterly revenues amounted to $15.945 bln (-3.1% y/y), beating analysts’ consensus estimate of $15.472 bln.
PEP rose to $138.90 (+3.30%) in pre-market trading.