trending Market Intelligence /marketintelligence/en/news-insights/trending/TMlWvnRiSPKMjtEM-HKOqg2 content esgSubNav
In This List

Dr Pepper Snapple Q2 profit falls YOY

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation

Blog

Optimism abounds in Indian online video industry


Dr Pepper Snapple Q2 profit falls YOY

Dr Pepper Snapple Group Inc. said its normalized net income for the second quarter came to $1.13 per share, compared with the S&P Capital IQ consensus estimate of $1.28 per share.

EPS fell 11.5% year over year from $1.28.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $207.5 million, a decrease of 12.9% from $238.1 million in the prior-year period.

The normalized profit margin dropped to 11.5% from 14.0% in the year-earlier period.

Total revenue grew 6.0% on an annual basis to $1.80 billion from $1.70 billion, and total operating expenses rose 10.9% on an annual basis to $1.42 billion from $1.28 billion.

Reported net income decreased 27.7% from the prior-year period to $187.4 million, or $1.02 per share, from $259.2 million, or $1.39 per share.