PepsiCo posts earnings of $1.35 a share vs $1.26 expected

Analysts expected the food and beverage giant to post earnings per share of $1.26 on revenue of $16.15 billion, according to a Thomson Reuters consensus estimate.. Pepsi' s shares have outperformed rival soda company Coca-Cola' s in the last year, rising about 11 percent in that time while Coke's stock has fallen nearly 3 percent, according to FactSet.