PepsiCo's quarterly results top forecasts, outlook disappoints
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(Reuters) - PepsiCo Inc reported quarterly revenue and earnings ahead of market expectations on Thursday, driven by demand for its healthy snacks, trademark sodas and Gatorade energy drinks, but its conservative 2020 outlook sent shares lower.The soft drink and snack maker forecast earnings per share would rise 6% in 2020, less than Wall Street had expected and predicted slower organic revenue growth than last year. PepsiCo shares were last down 0.7% after dipping as much as nearly 2% in early..