Pepsi Bottling Group affirms 2008 outlook

The company said it expects to earn between $2.30 and $2.38 per share, excluding restructuring and asset impairment charges totaling 3 cents to 4 cents per share.

Analysts polled by Thomson Financial anticipate profit between $2.33 and $2.43 per share, with an average of $2.37 per share. Analyst estimates typically exclude one-time charges and gains.

The company said its revenue will grow between 6 percent and 7 percent during the year, implying revenue between $14.41 billion and $14.54 billion. Analysts expect revenue of $14.44 billion.