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Benzinga
Benzinga
Business
AJ Fabino

Exclusive: Louis Navellier Says PepsiCo 'Raising Guidance Helped The Entire Market'

Louis Navellier Pepsi PepsiCo United States CNBC Fox News Stock Market Europe US Federal Reserve

Benzinga's Money Mitch had the opportunity to catch up with Navellier & Associates founder and Chief Investment Officer Louis Navellier on Benzinga’s Stock Market Movers today. Navellier, who is routinely on Bloomberg, Fox News and CNBC, was on to speak about PepsiCo, Inc. (NASDAQ:PEP) earnings, which beat analyst consensus on both the top and bottom lines.

Here’s the Insight: Pepsi reported second-quarter sales growth of 5.2% year-over-year to $20.23 billion, beating the consensus of $19.51 billion, while adjusted EPS of $1.86 beat the analyst consensus of $1.74, according to data from Benzinga Pro.

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