Dr Pepper Snapple Group (NYSE: DPS ) reported earnings on July 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Dr Pepper Snapple Group missed estimates on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly. Non-GAAP earnings per share dropped. GAAP earnings per share shrank.
Gross margins increased, operating margins shrank, net margins contracted.
Dr Pepper Snapple Group reported revenue of $1.61 billion. The 10 analysts polled by S&P Capital IQ anticipated revenue of $1.64 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.84. The 14 earnings estimates compiled by S&P Capital IQ averaged $0.84 per share. Non-GAAP EPS of $0.84 for Q2 were 1.2% lower than the prior-year quarter's $0.85 per share. GAAP EPS of $0.76 for Q2 were 8.4% lower than the prior-year quarter's $0.83 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 58.0%, 30 basis points better than the prior-year quarter. Operating margin was 17.7%, 80 basis points worse than the prior-year quarter. Net margin was 9.6%, 140 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $1.58 billion. On the bottom line, the average EPS estimate is $0.84.
Next year's average estimate for revenue is $6.14 billion. The average EPS estimate is $3.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 400 members out of 431 rating the stock outperform, and 31 members rating it underperform. Among 162 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 154 give Dr Pepper Snapple Group a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dr Pepper Snapple Group is hold, with an average price target of $48.69.
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