Keurig Dr Pepper, Inc (KDP) came out with quarterly earnings of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.
Keurig Dr Pepper has struck a deal to acquire energy-drink maker Ghost for more than $1 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The energy-drink market includes bigger rivals Monster Beverage and Celsius.
Evaluate the expected performance of Keurig Dr Pepper (KDP) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Keurig Dr Pepper's innovation, portfolio expansion, and Refreshment Beverages growth position it well for strong Q3 earnings.
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 shows promising growth potential with a diversified portfolio, strong market share gains, and expected high-single digit earnings growth through 2030. Despite being smaller than Coca-Cola and PepsiCo, KDP's improved margins and competitive earnings growth make it an attractive investment at a lower valuation. KDP's dividend yield of 2.5% and consistent dividend growth, combined with potential multiple expansion, could lead to total returns in the low-double digits.
Keurig Dr Pepper gains from brand strength, pricing actions and solid performance in its Refreshment Beverages segment.
Keurig Dr Pepper (KDP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Keurig Dr Pepper, Inc (KDP) and Symrise AG Unsponsored ADR (SYIEY) have performed compared to their sector so far this year.
One of the most prominent tech giants in the galaxy hiked its distribution by 10%. A unique beverage company wasn't far behind, declaring a dividend raise of 7%.
We believe that Monster Beverage stock is a better pick than its peer – Keurig Dr Pepper stock (NASDAQ: KDP). MNST stock trades at a higher multiple of 7x sales, versus 3.3x revenues for KDP.