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0.000695894224077925 0.000695894224077925 0.000695894224077925 0.00330549756437018 0.00382741823242865 0.0073068893528184 0.00835073068893523 0.01687543493389
Stock impact report

Keurig Dr Pepper stock rises after earnings beat [MarketWatch]

Keurig Dr Pepper Inc. (KDP) 
Last keurig dr pepper inc. earnings: 4/27 04:10 pm Check Earnings Report
Company Research Source: MarketWatch
Keurig Dr Pepper stock rises after earnings beat Keurig Dr Pepper Inc. KDP, +4.04% shares rose 4.2% in Thursday trading after it reported second-quarter earnings beat expectations. Net income was $314 million, or 22 cents per share, up from $83 million, or 10 cents per share, for the same period last year. Adjusted EPS was 30 cents. Sales were $2.81 billion, up from $949.0 million last year. The FactSet consensus was for EPS of 29 cents and sales of $2.86 billion. The company says the business results were impacted by the merger of Keurig Green Mountain and Dr Pepper Snapple, which closed in July 2018. Adjusted pro forma EPS was 26 cents for the year ago period, and adjusted pro forma sales were $2.82 billion last year. Keurig Dr Pepper expects 2019 adjusted EPS in the range of $1.20 to $1.22 per share. FactSet expects EPS of $1.22. Keurig Dr Pepper shares have risen 12.2% in 2019 while the S&P 500 index [s:spx] has gained nearly 17%. Show less Read more
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