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Dr Pepper Snapple (DPS) Misses Q2 Earnings, Beats Revenues

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Dr Pepper Snapple Group, Inc. manufactures and distributes some of the most popular carbonated soft drinks and non carbonated beverage brands in the U.S. It holds a leading position in the flavored non-cola CSD market in the U.S. Dr Pepper soft drink, its most popular CSD brand, also holds a leading position in the flavored CSD market in the U.S.

Investors should however note that the earnings estimate revisions for DPS has moved up in the last 7 days. Moreover, DPS has a decent earnings history as the stock has posted positive surprises in three of the last four quarters with an average surprise of 3.44%.

Currently, DPS has a Zacks Rank #3 (Hold), but that could change following Dr. Pepper’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: DPS miss on earnings. The Zacks Consensus Estimate for earnings called for EPS of $1.28, and the company reported core EPS of $1.25 instead.

Dr Pepper Snapple Group, Inc Price and EPS Surprise

Revenues: DPS reported revenues of $1.8 billion. This surpassed the consensus estimate of $1.77 billion.

Key Stats to Note: Sales volume was up 4% in the quarter, including the Bai acquisition.

Share Price Impact: Shares were up 2.2% in pre-market trading at the time of writing.

Check back later for our full write up on this DPS earnings report later.

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