Dr Pepper Snapple Group (DPS) Tops Q1 EPS by 5c
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Dr Pepper Snapple Group Reports First Quarter 2017 Results
April 26, 2017 7:00 AM EDTPLANO, Texas, April 26, 2017 /PRNewswire/ -- Dr Pepper Snapple Group, Inc. (NYSE: DPS) reported first quarter 2017 EPS of $0.96, which included a $0.10 per diluted share gain on the market value increase on the company's initial equity investment in Bai Brands and a $0.10 per diluted share tax benefit associated with a favorable accounting change related to stock compensation. Reported EPS were $0.96 in the prior year period. Core EPS were $1.01 for the quarter, including the two aforementioned items. $0.07 of the $0.10 tax gain was included in the company's previous guidance, while the... More
