According to the preview, Dr Pepper was supposed to do $1.5 billion on the top line and 49 cents on the bottom line. Net sales roughly matched the estimate, but net income went way beyond the call. Dr Pepper made 62 cents per share on an adjusted basis.

Continue reading Dr Pepper up on Q2 report

Dr Pepper up on Q2 report originally appeared on BloggingStocks on Thu, 13 Aug 2009 15:00:00 EST. Please see our terms for use of feeds.

Dr Pepper Snapple Group (NYSE: DPS) popped open its first-quarter report on Wednesday (I bet you never read that pun before from a financial pundit covering a beverage concern!). On an adjusted basis, sales rose 4%. Management needed to adjust for the termination of a contract with Hansen (NASDAQ: HANS), as well as for currency effects. The company saw a drop in bottom-line income excluding items as earnings came in at $0.37 per share. This was $0.03 less than last year's performance.

However, Dr Pepper can feel happy about the fact that the company beat expectations. The market was only looking for $0.29 per share. How refreshing (yep, another pun)! Volumes did all right during the quarter.

Continue reading Dr Pepper beats the analysts in Q1

Dr Pepper beats the analysts in Q1 originally appeared on BloggingStocks on Thu, 14 May 2009 18:00:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Jefferies initiated McGraw-Hill (NYSE: MHP) with a Buy rating and $49 target. The firm believes the downturn in credit markets has already been fully priced into shares and expects the stock to gain momentum throughout 2008 in anticipation of liquidity returning to credit markets.
  
• RBC Capital initiated Curis (NASDAQ: CRIS) with an Outperform rating and $2.50 target based on the company's partnership with Genentech (NYSE: DNA) and potential upside from its pipeline.
  
• Merriman started Azure Dynamics (OTC: AZDDF) with a Buy rating. The firm believes the company's focus is where customers see the most benefit from a medium-duty hybrid or market-appropriate solutions and finds the stock attractively valued.

• Dr. Pepper Snapple (NYSE: DPS) was assumed with a Market Perform rating at Wachovia.
  
• Morgan Stanley started Chiquita Brands (NYSE: CQB) with an Equal Weight rating.
  
• Credit Suisse initiated Iron Mountain (NYSE: IRM) with a Neutral rating and $34 target.

Analyst initiations: MHP, CRIS, DPS, CQB, IRM and AZDDF originally appeared on BloggingStocks on Tue, 13 May 2008 12:12:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• B. Riley initiated Learning Tree (NASDAQ:LTRE) with a Buy rating and $24 target. The firm believes investors have an opportunity to invest in a compelling revenue growth/margin expansion story at reasonable multiples with the stock off recent highs.
  
• Merriman started Shengda Tech (NASDAQ:SDTH) with a Buy rating and points to the company's growing nano-particle business and the vast market expansion opportunities associated with this business.
  
• Stephens believes Cepheid (NASDAQ:CPHD) possesses a best-in-class platform for molecular diagnostic testing with a virtual monopoly in the molecular point of care market; shares were assumed with an Overweight rating and $32 target.

• Visa (NYSE:V) was started at Morgan Keegan with a Market Perform rating.
  
• Morgan Stanley initiated Dr. Pepper Snapple (N YSE:DPS) with an Equal Weight rating and $30 target.
  
• Goldman initiated Kraft Foods (NYSE:KFT) with a Neutral rating.

Analyst initiations: LTRE, SDTH and CPHD originally appeared on BloggingStocks on Thu, 08 May 2008 11:59:00 EST. Please see our terms for use of feeds.