Keurig Dr Pepper Inc. (NYSE:KDP) Expected to Post Earnings of $0.39 Per Share

Equities analysts predict that Keurig Dr Pepper Inc. (NYSE:KDPGet Rating) will announce earnings of $0.39 per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Keurig Dr Pepper’s earnings, with the lowest EPS estimate coming in at $0.34 and the highest estimate coming in at $0.41. Keurig Dr Pepper posted earnings of $0.38 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.6%. The firm is expected to issue its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Keurig Dr Pepper will report full year earnings of $1.69 per share for the current fiscal year, with EPS estimates ranging from $1.68 to $1.70. For the next year, analysts anticipate that the business will post earnings of $1.86 per share, with EPS estimates ranging from $1.81 to $1.95. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Keurig Dr Pepper.

Keurig Dr Pepper (NYSE:KDPGet Rating) last issued its quarterly earnings data on Thursday, February 24th. The company reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. The company had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.31 billion.

Separately, StockNews.com raised Keurig Dr Pepper from a “hold” rating to a “buy” rating in a research note on Saturday, April 16th.

Shares of Keurig Dr Pepper stock traded down $0.59 on Friday, hitting $37.40. The company had a trading volume of 7,760,847 shares, compared to its average volume of 6,426,008. Keurig Dr Pepper has a 1 year low of $32.44 and a 1 year high of $39.35. The stock’s 50 day simple moving average is $37.70.

About Keurig Dr Pepper (Get Rating)

Keurig Dr Pepper Inc operates as a beverage company in the United States and internationally. It operates through Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages segments. The Coffee Systems segment manufactures and distributes various finished goods related to its coffee systems, K-Cup pods, and brewers, as well as specialty coffee.

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