Dr. Pepper Snapple Beats First-quarter Earnings Expectations

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Dr. Pepper Snapple Group beat first-quarter earnings expectations Thursday. The company reported net income of $157 million, or 81 cents per share, up from $155 million, or 78 cents per share, in the year-earlier period. Dr. Pepper Snapple reported adjusted earnings per share of 81 cents, above the FactSet consensus of 76 cents. The company had sales of $1.45 billion, above the FactSet consensus of $1.42 billion.

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