PepsiCo posts earnings of 83 cents a share vs. 79 cents estimate

Wall Street had expected the company to deliver quarterly earnings per share of 79 cents on $12.21 billion in revenue, according to a consensus estimate from Thompson Reuters. Under the new deal Mountain Dew will be the NBA's leading soft drink brand. Pepsi will also promote its Aquafina, Brisk, Doritos and Ruffles products during NBA games and events..
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