Market Features
Dr Pepper 3Q Profit Up 43 Pct On Lower Costs
Deutsche Bank-North America analyst Andrew Kieley told clients in a note the new guidance means the company expects earnings per share — without one-time items — to be 43 cents in the fourth quarter, which is below analyst predictions of 49 cents and his estimate of 48 cents.
"This could prove conservative, but reflects slow category/consumer trends, and softness of (Dr Pepper Snapple's) premium brands," he wrote.TheStreet Premium Services
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