Before the market open on Wednesday, the Plano, TX-based soft drink company reported 2015 fourth quarter earnings of $1 per share, compared to analysts' forecasts for earnings of 98 cents per share. Revenue of $1.54 billion was slightly higher than Wall Street's estimates for revenue of $1.53 billion.
Dr Pepper Snapple projected 2016 full-year earnings to range between $4.20 per share to $4.30 per share, lower than analysts' forecasts for full-year earnings of $4.33 per share.
Foreign currency translation is expected to negatively impact 2016 sales by about 2%, the company said.
Separately, TheStreet ratings currently has a "Buy" rating on the stock with a letter grade of A+. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: DPS