Wednesday, April 26, 2017 9:14:37 AM
On a per-share basis, the Plano, Texas-based company said it had net income of 96 cents. Earnings, adjusted for non-recurring costs, were $1.01 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.
The maker of beverages such as 7Up, Sunkist and Mott's posted revenue of $1.51 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $1.56 billion.
Dr Pepper Snapple Group expects full-year earnings in the range of $4.56 to $4.66 per share.
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