Dr Pepper Snapple Group (DPS) Misses Q3 EPS by 7c, Trims FY Guidance

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Dr Pepper Snapple Group Reports Third Quarter 2017 Results

October 25, 2017 7:00 AM EDT

PLANO, Texas, Oct. 25, 2017 /PRNewswire/ -- Dr Pepper Snapple Group, Inc. (NYSE: DPS) reported third quarter 2017 EPS of $1.11, which included a $0.04 per diluted share loss on early extinguishment of debt, an estimated $0.02 loss on the recent hurricanes and earthquakes in the U.S. and Mexico and a $0.02 loss on a write-off of prepaid resin inventory. Reported EPS were $1.29 in the prior year period. Core EPS were $1.10 in the quarter, inclusive of the aforementioned losses totaling $0.04, compared to $1.17 in the prior year period. Year-to-date, net sales increased by 4%, and the company reported... More