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PepsiCo (PEP) Reports Inline Q3 EPS of $1.22; Sees FY10 EPS Up 10-11%

October 7, 2010 7:02 AM EDT
PepsiCo, Inc. (NYSE: PEP) reports Q3 core EPS of $1.22, inline with the analyst estimate of $1.22. Revenue for the quarter was $15.51 billion, which compares to the estimate of $15.37 billion.

Beverage volume was up 11%, snack volume was up 2%.

For fiscal 2010, the company is targeting an 11 to 12 percent growth rate for core constant currency EPS from its fiscal 2009 core EPS of $3.71, which is within the previous guidance range of 11 to 13 percent.

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