Investing.com - (NYSE:PepsiCo) second quarter earnings beat analyst forecasts.
The beverages and snacks giant Tuesday reported a rise in earnings per share in the quarter of 6% to $1.46 against a consensus forecast of $1.39.
Net revenue was up 2% at $15.70 billion, compared with an estimate of $15.60 billion.
Organic revenue growth in the quarter was 3.1%.
PepsiCo forecast full-year earnings per share of $5.13, up from $4.85 a year earlier.
“Our results for the second quarter were very much in line with our expectations and we remain on track to meet our 2017 financial goals, "" Chairman and CEO Indra Nooyi said.
PepsiCo shares were off 0.19% in pre-market trade at 07:00ET.