Dr Pepper Snapple Group (DPS) Tops Q4 EPS by 2c

Dr Pepper Snapple Group (NYSE: DPS) reported Q4 EPS of $1.00, $0.02 better than the analyst estimate of $0.98. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.53 billion.

GUIDANCE:

Dr Pepper Snapple Group sees FY2016 EPS of $4.20-$4.30, versus the consensus of $4.33.

DPS President and CEO Larry Young said, "I'm proud of our teams for remaining focused against our priorities and delivering strong results in a competitive environment. We grew both dollar and volume share across our CSD and shelf-stable juice categories and gained or held distribution across many of our key brands and packages in both Grocery and Convenience. The fundamentals of our business are strong, and as we move into 2016 our teams will be focused on driving growth across our priority brands through strong consumer communication, relevant innovation and aligned execution and activation while using our developing Rapid Continuous Improvement (RCI) capabilities to further enhance growth and productivity."

For earnings history and earnings-related data on Dr Pepper Snapple Group (DPS) click here.

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