Dr Pepper Snapple Group (NYSE: DPS) reported earnings on July 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Dr Pepper Snapple Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded slightly and GAAP earnings per share expanded.
Gross margins shrank, operating margins expanded, net margins improved.
Revenue details
Dr Pepper Snapple Group reported revenue of $1.62 billion. The nine analysts polled by S&P Capital IQ expected revenue of $1.63 billion on the same basis. GAAP reported sales were 2.5% higher than the prior-year quarter's $1.58 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.85. The 13 earnings estimates compiled by S&P Capital IQ forecast $0.82 per share. GAAP EPS of $0.83 for Q2 were 7.8% higher than the prior-year quarter's $0.77 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 57.7%, 50 basis points worse than the prior-year quarter. Operating margin was 18.5%, 20 basis points better than the prior-year quarter. Net margin was 11.0%, 10 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $1.58 billion. On the bottom line, the average EPS estimate is $0.79.
Next year's average estimate for revenue is $6.07 billion. The average EPS estimate is $2.95.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 389 members out of 419 rating the stock outperform, and 30 members rating it underperform. Among 143 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 136 give Dr Pepper Snapple Group a green thumbs-up, and seven 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 outperform, with an average price target of $42.42.
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