Pepsico Inc (PEP)

[DewDiligence]

PEP’s newly raised non-GAAP EPS guidance for 2011 is $4.46-4.55:

http://finance.yahoo.com/news/PepsiCo-Delivers-Solid-Third-prnews-2492003543.html?x=0&.v=1

The $4.46-4.55 range is not explicitly given in the above PR; rather, it is derived by multiplying the $4.13 non-GAAP EPS figure for 2010 by 1.06-1.08 (6-8% growth) and then multiplying that by 53/52 to account for the fact that FY2011 has 53 weeks.