SodaStream International Ltd shares jumped 2.3% in Wednesday premarket trading after the beverage company reported fiscal first-quarter earnings that beat expectations and raised its guidance. Net income was $18.6 million, or 81 cents per share, up from $14.7 million, or 66 cents per share, year-over-year. Sales totaled $143.6 million, up from $115.3 million last year. The FactSet consensus was for EPS of 71 cents and sales of $133.0 million. SodaStream launched a new distribution model in France, which hurt the first quarter. Western Europe was the company's biggest market with sales of $85.3 million. Revenue was driven by growth in Germany, the U.S., Canada and Australia. SodaStream expects full-year revenue to increase about 15% year-over-year, higher than the previous guidance for a 12% increase. EPS is expected to to rise 8%, up from previous guidance of 5%. SodaStream shares are up 34.1% for the year to date, outpacing the S&P 500 index which is down 0.7% for the period.