7-25-12-PepsCo (NYSE:PEP) reported mixed second quarter earnings this morning but has a good full year outlook. The beverage and snack company posted an EPS of $1.12, which beat estimates of $1.09. However, Revenues in the quarter came in at $16.49 billion, which was below the $16.56 billion analysts were expecting.
Even though PepsiCo reaffirmed its annual EPS forecast, seeing it drop 5% in constant currency, it will still beat the street's expectations. Full year EPS is predicted to be $4.18, above the $4.09 estimate. PepsiCo also said it sees net revenue growth in low-single digits. For more coverage and analysis of the business world follow us on twitter @FNNOnline or check out our website at fnno.com.