Colosseum a.s. (Colosseum a.s.)
World markets  |  October 17, 2012 16:20:28

PepsiCo profit beat Wall Street expectations



ColosseumPepsiCo (PEP) reported financial results for the third quarter, which positively surprised Wall Street. Net income decreased by 5% to $ 1.9 billion (1.21 per diluted share). After excluding exceptional items, profit was at the level of 1.2 per diluted share, beating analysts' estimate of 1.16 dollars. Revenues fell by 5.3% to $ 16.7 billion. Shares of PepsiCo grow by 0.3 percent to 70.51 dollars. and # 160;

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