PURCHASE (dpa-AFX) - Pepsico Inc (PEP) revealed earnings for its first
quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $2.04 billion, or $1.48 per share. This
compares with $1.93 billion, or $1.40 per share, in last year's first quarter.

Excluding items, Pepsico Inc reported adjusted earnings of $2.22 billion or
$1.61 per share for the period.

Analysts on average had expected the company to earn $1.52 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 2.2% to $18.25 billion from $17.85
billion last year.

Pepsico Inc earnings at a glance (GAAP) :

-Earnings (Q1): $2.04 Bln. vs. $1.93 Bln. last year.
-EPS (Q1): $1.48 vs. $1.40 last year.
-Revenue (Q1): $18.25 Bln vs. $17.85 Bln last year.

-Guidance:
Full year EPS guidance: $8.15


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