PepsiCo (NASDAQ:PEP) reported quarterly earnings of $2.20 per share which missed the analyst consensus estimate of $2.21 by 0.45 percent. This is a 3.77 percent increase over earnings of $2.12 per share from the same period last year. The company reported quarterly sales of $24.181 billion which beat the analyst consensus estimate of $23.961 billion by 0.92 percent. This is a 6.40 percent increase over sales of $22.726 billion the same period last year.