Why Did Keurig Dr Pepper Inc. Shares Rise by 13% in October? [The Motley Fool]
Keurig Dr Pepper Inc. (KDP)
Last keurig dr pepper inc. earnings: 4/27 04:10 pm
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Source: The Motley Fool
The company has made it clear that it's on the right track. Daniel B. Kline ( TMFDankline ) Nov 9, 2018 at 11:56AM Keurig Dr Pepper ( NYSE:KDP ) closed October having yet to report a full quarter of earnings since the coffee brand was taken over by the soft-drink company. That left investors somewhat unsure of what to expect when the new entity reported in November. The company eased any concerns in October, though, when it reaffirmed its 2018 guidance. What happened The company issued a brief press release that reaffirmed its outlook for 2018 adjusted diluted EPS of $1.02 to $1.07 , on a pro forma basis, after the impact of preliminary Purchase Price Accounting adjustments. That's a lot of words to say that the new company expects its results to be in line with earlier forecasts. That allowed investors to let out a sigh of relief and offer
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KDP
News
- Keurig Dr Pepper Inc. (NASDAQ: KDP) had its price target raised by analysts at TD Cowen from $32.00 to $35.00. They now have a "hold" rating on the stock.MarketBeat
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KDP
Earnings
- 4/25/24 - Beat
KDP
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- KDP's page on the SEC website