PepsiCo posts earnings of 83 cents a share vs 75 cents estimate
April 17, 2014 at 07:00 AM EDT
This is a breaking news article. Analysts had expected Pepsi to report earnings of 75 cents per share on $12.42 billion in revenue, according to a consensus estimate from Thomson Reuters. Meanwhile, activist investor Nelson Peltz has pressured Pepsi to sever its snack and drink businesses.