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Dr Pepper Snapple Q2 profit climbs 5.6% YOY

Dr Pepper Snapple Group Inc. said its normalized net income for the second quarter amounted to $1.11 per share, compared with the S&P Capital IQ consensus estimate of $1.10 per share.

EPS climbed 8.5% year over year from $1.02.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $213.1 million, an increase of 5.6% from $201.9 million in the year-earlier period.

The normalized profit margin rose to 12.9% from 12.4% in the year-earlier period.

Total revenue climbed on an annual basis to $1.66 billion from $1.63 billion, and total operating expenses came to $1.29 billion, compared with $1.28 billion in the year-earlier period.

Reported net income grew on an annual basis to $219.3 million, or $1.14 per share, from $209.7 million, or $1.06 per share.