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Stock impact report

Keurig Dr Pepper Stock Strengthens Amid Strong Profit Growth [Investor's Business Daily]

Keurig Dr Pepper Inc. (KDP) 
Last keurig dr pepper inc. earnings: 4/27 04:10 pm Check Earnings Report
Related news Keurig Dr Pepper ( KDP ) saw its IBD Relative Strength (RS) Rating upgraded from 70 to 76 Wednesday — after posting earnings that, while not sparkling, showed growth despite the Covid-19 crisis. The beverage giant was formed in 2018 with the merger of Keurig Green Mountain and Dr Pepper Snapple. Its brands include Keurig, Dr Pepper, Green Mountain Coffee Roasters and Canada Dry among others. On Monday the company posted 12% earnings growth in the latest quarterly report, to 29 cents a share, in line with estimates. Sales grew 4.4% to $2.6 billion. "We delivered Q1 performance in line with our long-term targets, building on the business strength demonstrated since our merger in mid-2018 and setting us up for a strong 2020," CEO Bob Gamgort said in the earnings news release. Keurig Dr Pepper holds the No. 4 rank among its peers in the Beverages-Non-Alcoholic industry group. Monster Beverage ( MNST ) is the top-ranked stock within the group. The RS Rating bump up was a welc Show less Read more
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