Pepsi revealed its first quarterly results

Pepsi has reported its 2016 first-quarter results on Monday. The snack food and beverage company posted core (adjusted) diluted earnings per share (EPS) of 0.89 USD on revenues of 11.86 billion USD. That is a 3 percent increase.

In the same period a year ago, the company reported EPS of 0.83 USD on revenues of 12.22 billion USD. First-quarter results also compare to the Thomson Reuters consensus estimates for EPS of 0.81USD and 11.88 billion USD in revenues. (Nagy Viktor, portfolio.hu)