Dr Pepper Snapple Group (NYSE: DPS) reported earnings on Oct. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Dr Pepper Snapple Group missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share increased significantly.
Margins increased across the board.
Revenue details
Dr Pepper Snapple Group recorded revenue of $1.53 billion. The 10 analysts polled by S&P Capital IQ hoped for revenue of $1.56 billion on the same basis. GAAP reported sales were 0.1% lower than the prior-year quarter's $1.53 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 $0.79. The 14 earnings estimates compiled by S&P Capital IQ averaged $0.77 per share. GAAP EPS of $0.84 for Q3 were 18% higher than the prior-year quarter's $0.71 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 59.0%, 300 basis points better than the prior-year quarter. Operating margin was 20.2%, 310 basis points better than the prior-year quarter. Net margin was 11.7%, 160 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $1.51 billion. On the bottom line, the average EPS estimate is $0.88.
Next year's average estimate for revenue is $6.06 billion. The average EPS estimate is $2.96.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 394 members out of 425 rating the stock outperform, and 31 members rating it underperform. Among 153 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 144 give Dr Pepper Snapple Group a green thumbs-up, and nine 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 $45.42.
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