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PepsiCo earnings top estimates

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PepsiCo's second-quarter earnings beat analysts' expectations.

Adjusted earnings per share were $1.54, above the $1.50 estimated by analysts.

Revenue was $16.5 billion, compared with the $16.4 billion predicted.

The company's Frito-Lay North America segment was its best performer during the quarter.

Read more from CNBC.


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