25.04.2024 13:21:44 - dpa-AFX: Keurig Dr Pepper Inc. Q1 Profit Beats Estimates
WASHINGTON (dpa-AFX) - Keurig Dr Pepper Inc. (KDP) revealed a profit for
first quarter that beat the Street estimates.
The company's earnings totaled $454 million, or $0.33 per share. This compares
with $467 million, or $0.33 per share, in last year's first quarter.
Excluding items, Keurig Dr Pepper Inc. reported adjusted earnings of $530
million or $0.38 per share for the period.
Analysts on average had expected the company to earn $0.35 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 3.6% to $3.47 billion from $3.35
billion last year.
Keurig Dr Pepper Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $454 Mln. vs. $467 Mln. last year.
-EPS (Q1): $0.33 vs. $0.33 last year.
-Revenue (Q1): $3.47 Bln vs. $3.35 Bln last year.
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