Dr Pepper Snapple Group (DPS) Tops Q1 EPS by 15c

Dr Pepper Snapple Group (NYSE: DPS) reported Q1 EPS of $0.74, $0.15 better than the analyst estimate of $0.59. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.38 billion.

For the quarter, reported net sales increased 1% as a sales volume increase of 1%, favorable product and package mix and net pricing were partially offset by unfavorable segment mix and 1 percentage point of foreign currency. Reported segment operating profit (SOP) increased 14%, or $40 million, on net sales growth, lower commodity costs, including an unfavorable year-over-year LIFO comparison, and ongoing productivity improvements.

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

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