PepsiCo Stands Out in Choppy Soft Drink Industry

PepsiCo beat Wall Street's forecasts, but soft drink bulls may be left thirsty for more.
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Though the soft drink market has become lackluster lately, PepsiCo (PEP) - Get Report beat analyst estimates of $1.16 with adjusted earnings of $1.20. Despite the beat, bulls may be left wanting for more. PepsiCo's earnings forecast of $5.09 is below Wall Street estimates of $5.16. 

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This article was written by a staff member of TheStreet.