Dr Pepper Snapple Group Inc. (DPS) reported that its first quarter net income declined to $102 million, from $114 million in the same quarter last year. Earnings per share were $0.48 compared to $0.50 in the prior year period.
Excluding $0.02 per share of unrealized commodity mark-to-market gains, Core Earnings per share were $0.46 compared to $0.50 in the prior period.Analysts polled by Thomson Reuters expected the company to report earnings of $0.48 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter rose to $1.36 billion from $1.33 billion in the prior year quarter. Ten analysts had consensus revenue estimate of $1.36 billion for the quarter.
The company continues to expect full year 2012 reported net sales growth near the low end of its long-term 3% to 5% range and Core earnings per share to be in the $2.90 to $2.98 range. Analysts expect the company to report earnings of $2.93 per share on revenues of $6.06 billion for fiscal 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.