PepsiCo, Inc. (PEP) reported an increase in profit for the second quarter that also topped Wall Street estimates. Looking forward, the company increased its full-year organic revenue and core constant currency EPS guidance.
Second quarter earnings came in at $2.75 billion, or $1.99 per share compared with $1.43 billion, or $1.03 per share, a year ago. Core EPS was $2.09 compared to $1.86, previous year. Core constant currency EPS growth was 15%, for the quarter. Analysts on average had expected the company to earn $1.96 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.