Pepsico Inc. publishes its results for the closed quarter on June 30

PepsiCo Inc PEP said a quarterly adjusted quarterly profit of $ 2.12 per share for the closed quarter on June 30, down from the same quarter of the previous year, during which the company had declared a profit per share of $ 2.28. The average expectations of fifteen analysts for the quarter was a profit of $ 2.03 per share. Wall Street expected results between 2.00 and 2.06 dollars per share.

Income increased by 1% to $ 22.73 billion compared to the previous year; Analysts expected $ 22.28 billion.

The profit by action by Pepsico Inc. for the quarter was 92 cents.

The company has declared a net quarterly income of $ 1.26 billion.

Pepsico Inc shares increased 2.6% this quarter and lost 11.0% since the start of the year.