Business News: Dr Pepper Snapple Earnings Flat, Guidance Misses

Started by MikeLigalig.com, February 18, 2013, 01:25:37 PM

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MikeLigalig.com

Dr Pepper Snapple Earnings Flat, Guidance Misses

An 8% pop in Latin American volume partially offset flat volume in North America for Dr Pepper Snapple Group (DPS). But the soda, tea and juice maker's fourth-quarter earnings disappointed, and the guidance left analysts and investors with a foul aftertaste. Shares were down 6% intraday to 42.60 on the stock market today. The company reported adjusted earnings per share of 82 cents, level with a year ago, but 3 cents shy of the consensus estimate

Source: Dr Pepper Snapple Earnings Flat, Guidance Misses
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