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

Dr Pepper Snapple Group, Inc. DPS 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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