PepsiAmericas Announces Lower Than Expected Profit

Market News Video
February 12, 2010 AT 10:08 AM
Bottler PepsiAmericas announced on Friday a lower than expected quarterly profit, which it blamed on forex pressures. The company said that earnings were $34.6 million, or 28 cents per share, comparied with $37.8 million, or 30 cents per share, a year ago.