Dr Pepper Snapple Q1 Core EPS Tops View; Backs FY15 Outlook - Quick Facts

(RTTNews) - Dr Pepper Snapple Group, Inc. (DPS) reported that its first-quarter net income increased to $157 million or $0.81 per share from $155 million or $0.78 per share in the prior year period.

Core earnings for the latest first quarter were $0.81 per share, compared to $0.74 per share in the comparable quarter last year. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.76 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased 4% to $1.45 billion from $1.40 billion, last year, while seventeen analysts expected revenue of $1.42 billion for the quarter.

For full-year 2015, the company continues to expect core earnings to be in the range of $3.80 to $3.88 per share and net sales to be up approximately 1%. Analysts expect the company to report full year earnings per share of $3.88.