PepsiCo (PEP) Q1 Earnings and Revenues Beat Estimates

PepsiCo (PEP) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.92%. A quarter ago, it was expected that this food and beverage company would post earnings of $1.72 per share when it actually produced earnings of $1.78, delivering a surprise of 3.49%.Over the last four quarters, the c ...