KDP Stock Recent News
KDP LATEST HEADLINES
Keurig's (KDP) second-quarter 2024 results reflect impressive net sales trends, considerable margin growth and solid earnings improvement.
While the top- and bottom-line numbers for Keurig Dr Pepper (KDP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Keurig Dr Pepper, Inc (KDP) came out with quarterly earnings of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago.
Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations. The company's U.S. coffee division struggled, while its domestic refreshment division saw higher sales, thanks to price increases.
Net Sales Led by Double-Digit Growth in International and Solid U.S. Refreshment Beverages Performance Company Continues to Expect On-Algorithm Net Sales and Adjusted EPS Growth in 2024 BURLINGTON, Mass. and FRISCO, Texas , July 25, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the second quarter of 2024 and reaffirmed its full year guidance.
Keurig Dr Pepper stock (NASDAQ: KDP) will report its Q2 2024 results on Thursday, July 25. We expect it to report revenues of $3.9 billion and earnings of $0.45 per share, aligning with the consensus estimates.
Keurig Dr Pepper's (KDP) second-quarter 2024 results are likely to reflect gains from brand strength and pricing actions. However, a sluggish Coffee unit is a concern.
Keurig Dr Pepper (KDP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Keurig Dr Pepper (KDP) gains from brand strength, significant pricing actions and a solid performance in its Refreshment Beverages segment.
Dr Pepper has been steadily gaining market share over the last few years, supported by a wider distribution strategy and strong brand investments. This progress is a microcosm of Keurig Dr Pepper, the parent company, which has grown top and bottom-line results rapidly since coming public in 2018. KDP shares are also attractively valued on a historical basis.