Dr Pepper Snapple Group (DPS) Tops Q3 EPS by 6c, Lifts Outlook

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Dr Pepper Snapple Group Reports Third Quarter 2016 Results

October 27, 2016 8:00 AM EDT

PLANO, Texas, Oct. 27, 2016 /PRNewswire/ -- Dr Pepper Snapple Group, Inc. (NYSE: DPS) reported third quarter 2016 EPS of $1.29, including a $0.09 tax gain, compared to $1.05 in the prior year period. Core EPS were $1.17, up 8% compared to $1.08 in the prior year period. Year-to-date, the company reported earnings of $3.64 per diluted share compared to $3.00 per diluted share in the prior year period. Core EPS were $3.35, up 11% compared to $3.02 in the prior year period.

For the quarter, reported net sales of $1.68 billion increased 3% on favorable product and package mix, a 1% increase in sales... More