Dr Pepper Snapple Group, Inc. manufactures and distributes some of the most popular carbonated soft drinks and non carbonated beverage brands in the United States. It holds a leading position in the flavored non-cola CSD market in the United States. Dr Pepper soft drink, its most popular CSD brand, also holds a leading position in the flavored CSD market in the United States.
Investors should however note that the earnings estimate revisions for 2018 has moved down in the last 60 days. DPS has a decent earnings history as the stock has posted positive surprises in two of the last four quarters with an average surprise of negative 0.84%.
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 reported earnings of $1.17, which were in line with the Zacks Consensus Estimate.
Revenues: DPS reported revenues of $1.64 billion. This missed the consensus estimate of $1.66 billion.
Check back later for our full write up on this DPS earnings report later.
Dr Pepper Snapple Group, Inc Price and EPS Surprise
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