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Earnings for July 9: PEP, WBA

Pepsi Tops Q2 EPS

Earnings
Pepsi (PEP ) reported Q2 EPS of $1.32, $0.08 better than the analyst estimate of $1.24.

Revenue
Revenue for the quarter came in at $15.9 billion versus the consensus estimate of $15.83 billion.

Outlook
The company expects organic revenue growth and increased its core constant currency EPS growth target to 8 percent from 7 percent versus its fiscal 2014 core EPS of $4.63.

Walgreen Boots Alliance tops Q3 EPS

Earnings
Walgreen Boots Alliance (WBA ) reported Q3 EPS of $1.02, $0.15 better than the analyst estimate of $0.87

Revenue
Revenue for the quarter came in at $28.8 billion versus the consensus estimate of $29.63 billion.

Outlook
Walgreen Boots Alliance sees FY2015 EPS of $3.70 – $3.80, versus the consensus of $3.64.