These Analysts Slash Their Forecasts On PepsiCo Following Q2 Results
PepsiCo, Inc. (NASDAQ: PEP ) on Thursday reported mixed second- quarter results. Net revenue rose 6.4% year over year to $24.18 billion, beating the $23.96 billion analyst estimate. Core EPS increased 4% to $2.20, missing the $2.21 estimate, while GAAP EPS rose 137% to $2.18. PepsiCo anticipates higher input cost infla