logo
Share SHARE
FONT-SIZE Plus   Neg

Dr Pepper Snapple Group Q1 Profit Down; Reaffirms FY12 Outlook - Quick Facts

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Infosys Technologies Ltd. were losing around 10 percent in Indian trading on Friday after the Software exporter announced that Vishal Sikka has resigned as the Managing Director and Chief Executive Officer with immediate effect. The company appointed current chief operating officer Pravin Rao as the Interim-Managing Director and Chief Executive Officer. Reports that Gary Cohn is considering resigning as President Donald Trump's top economic advisor have weighed on Wall Street, although the White House has denied the claims. Cohn, former president and chief operating officer of Goldman Sachs (GS), currently serves as the Director of the National Economic Council. A Pennsylvania woman has sued Chick-fil-A after she claimed a dead rodent was found baked into her chicken sandwich. Ellen Manfalouti of Northampton has filed a lawsuit in Bucks County Court against Chick-fil-A, seeking more than $50,000 for the physical and psychological damages that she endured after the incident occurred.
comments powered by Disqus
Follow RTT