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PepsiCo second-quarter profit, revenue beat estimates

(Reuters) - PepsiCo Inc reported better-than-expected quarterly profit and revenue due to strong demand for its snacks and beverages in North America.

Net income attributable to the company rose marginally to $1.98 billion, or $1.33 per share, in the second quarter ended June 13, from $1.98 billion, or $1.29 per share, a year earlier.

Excluding items, the company earned $1.32 per share.

Net revenue fell 5.7 percent to $15.92 billion as a stronger dollar continued to weigh on overseas sales.

Analysts on an average had expected earnings of $1.24 per share and revenue of $15.80 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Sruthi Ramakrishnan in Bengaluru, Editing by Simon Jennings)

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