$3.39 Billion in Sales Expected for Keurig Dr Pepper Inc. (NYSE:KDP) This Quarter

Brokerages forecast that Keurig Dr Pepper Inc. (NYSE:KDPGet Rating) will report sales of $3.39 billion for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Keurig Dr Pepper’s earnings. The lowest sales estimate is $3.34 billion and the highest is $3.44 billion. Keurig Dr Pepper posted sales of $3.14 billion during the same quarter last year, which would indicate a positive year over year growth rate of 8%. The firm is scheduled to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Keurig Dr Pepper will report full year sales of $13.72 billion for the current fiscal year, with estimates ranging from $13.64 billion to $13.77 billion. For the next fiscal year, analysts forecast that the business will post sales of $14.36 billion, with estimates ranging from $14.17 billion to $14.53 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Keurig Dr Pepper.

Keurig Dr Pepper (NYSE:KDPGet Rating) last issued its quarterly earnings data on Thursday, February 24th. The company reported $0.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.45. The firm had revenue of $3.39 billion for 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 report on Saturday, April 16th.

Shares of KDP stock opened at $34.58 on Monday. Keurig Dr Pepper has a 1 year low of $32.44 and a 1 year high of $39.35. The business’s 50-day moving average price is $37.27.

Keurig Dr Pepper Company Profile (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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