S&P 500 (NYSE:SPY) component Dr Pepper Snapple Group, Inc. (NYSE:DPS) will unveil its latest earnings on Wednesday, July 27, 2011. Dr Pepper Snapple Group, Inc. manufactures and distributes flavored carbonated soft drinks and non-carbonated beverages in North America. Coca-Cola Earnings Cheat Sheet: Revenue Up, Profit Up>>
Dr Pepper Snapple Group, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 77 cents per share, a rise of 4.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 79 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 77 cents during the last month. For the year, analysts are projecting profit of $2.75 per share, a rise of 14.6% from last year.
Past Earnings Performance: The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of 50 cents per share against the mean estimate of 46 cents. In the prior quarter, the company reported profit of 67 cents.
Wall St. Revenue Expectations: On average, analysts predict $1.59 billion in revenue this quarter, a rise of 4.6% from the year ago quarter. Analysts are forecasting total revenue of $5.92 billion for the year, a rise of 5% from last year’s revenue of $5.64 billion.
Analyst Ratings: Analysts seem relatively indifferent about Dr Pepper Snapple Group with eight of 14 analysts surveyed maintaining a hold rating.
Revenue has risen the past four quarters. Revenue increased 6.7% to $1.33 billion in first quarter. The figure rose 4.1% in the fourth quarter of the last fiscal year from the year earlier, climbed 1.6% in the third quarter of the last fiscal year from the year-ago quarter and 2.6% in the second quarter of the last fiscal year.
The increase in profit in the first quarter breaks a streak of two consecutive quarters of year-over-year profit decreases. In the first quarter, net income rose 28.1%, while the figure dropped 1.8% in the fourth quarter of the last fiscal year and 4.6% in the third quarter of the last fiscal year.
Competitors to Watch: The Coca-Cola Company (NYSE:KO), PepsiCo, Inc. (NYSE:PEP), Hansen Natural Corporation (NASDAQ:HANS), Coca-Cola Enterprises Inc. (NYSE:CCE), Cott Corporation (NYSE:COT), Jones Soda Co. (NYSE:USA) (NASDAQ:JSDA), National Beverage Corp. (NASDAQ:FIZZ), Celsius Holdings, Inc. (NASDAQ:CELH), Reed’s, Inc. (NASDAQ:REED), and Heckmann Corporation (NYSE:HEK).
Stock Price Performance: During April 26, 2011 to July 21, 2011, the stock price had risen $2.16 (5.6%) from $38.33 to $40.49. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 6, 2011 when shares rose for eight-straight days, rising 7.3% (+$2.92) over that span. It saw one of its worst periods between December 17, 2010 and December 31, 2010 when shares fell for 10-straight days, falling 7.4% (-$2.77) over that span. Shares are up $5.84 (+16.9%) year to date.
(Source: Xignite Financials)