Keurig (KDP) Stock Gains as Q1 Earnings & Sales Top Estimates
KDPKeurig Dr Pepper(KDP) Zacks Investment Research·2024-04-26 00:21

Keurig Dr Pepper Inc. (KDP) has reported first-quarter 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Both earnings and revenues improved year over year. Results have gained from continued brand strength and significant price realization.Adjusted earnings of 38 cents per share grew 11.8% year over year and beat the Zacks Consensus Estimate of 34 cents. Earnings gains resulted from improved operating income and lower share count, partly offset by a higher tax rate and ...