** Shares of PepsiCo PEP.O up ~1% at $137.15 premarket
** Co expects smaller drop in annual core profit owing to resilient demand for its energy drinks and healthier soda brands
** Expects full-year core earnings per share to fall 1.5% vs 3% decline projected previously
** Posts quarterly revenue of $22.73 billion vs analysts' estimates of $22.28 billion, as per data compiled by LSEG
** Up to last close, stock down about 11% YTD