PepsiCo, Inc. (NASDAQ:PEP) shares are trading higher in the premarket session on Thursday, after the food and beverage giant reported second-quarter results. The company registered second-quarter adjusted earnings per share of $2.

According to analysts polled by FactSet, revenue rose to $22.7 billion in the second quarter, higher than the $22.3 billion forecast by Wall Street.

PepsiCo's 4.2% dividend yield and Q2 earnings boost may lead to a short-lived rebound. Read here for key insights on PEP stock for income-focused investors.

Shares of PepsiCo Inc. were climbing more than 6% in Thursday afternoon trading, boosted by the food-and-beverage giant's second-quarter results and its maintained full-year outlook. The stock is on pace to post its biggest one-day gain since it rose 6.

PepsiCo reports strong Q2 growth in India’s snacks segment, but beverage sales see headwinds amid inflation and evolving consumer preferences.

PepsiCo (NASDAQ:PEP) is scheduled to announce Q2 earnings results on Thursday, July 17th, before market open. Wall Street, on average, expects the soda and snacks giant's giant to post a quarterly EPS of $2.

Analysts expect the soft drink and snack company to report quarterly earnings at $2.03 per share. It reported $2.28 per share in the previous year. PepsiCo is also projected to report quarterly revenue of $22.3 billion. Compare that to $22.5 billion a year earlier, according to data from Benzinga Pro.

PepsiCo reports beverage sales decline in India for Q2 due to early rains impacting FMCG demand; global growth buoyed by no sugar drinks and food volume gains