Why Keurig Dr Pepper Stock Popped Today [Yahoo! Finance]
Keurig Dr Pepper Inc. (KDP)
Last keurig dr pepper inc. earnings: 4/27 04:10 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance
As of 2:40 p.m. ET, Keurig Dr Pepper stock was up 4% but it had been up almost 7% earlier in the day. Profits are up more than sales Keurig Dr Pepper mostly sells coffeemakers, coffee brewing supplies, and packaged beverages. In the first quarter of 2024, the company's net sales were only up by a modest 3% to $3.5 billion. However, it enjoyed substantial improvements to profits, which is what investors are cheering today. Keurig Dr Pepper's gross margin expanded to nearly 56% compared with 52% in the prior-year period. Productivity improvements were partially credited for the increase. And on an adjusted basis , the company's Q1 operating income jumped 17.5% to $825 million. For the year, Keurig Dr Pepper continues to anticipate modest top-line growth. But it hopes its adjusted profits will grow close to 10%. And this profit growth has the stock up today. How is management using profits? Keurig Dr Pepper's management credited itself with buying back more stock than ever du
Show less
Read more
Impact Snapshot
Event Time:
KDP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KDP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KDP alerts
High impacting Keurig Dr Pepper Inc. news events
Weekly update
A roundup of the hottest topics
KDP
News
- Monster Beverage posts higher Q1 revenue on resilient demand, easing costs [Yahoo! Finance]Yahoo! Finance
- Mondelez International Reports Q1 2024 Results [Yahoo! Finance]Yahoo! Finance
- 5 Reasons to Buy Coca-Cola Stock Like There's No Tomorrow [Yahoo! Finance]Yahoo! Finance
- Keurig Dr Pepper Inc. (NASDAQ:KDP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Keurig Dr Pepper Inc. (NASDAQ: KDP) had its price target raised by analysts at Barclays PLC from $36.00 to $38.00. They now have an "overweight" rating on the stock.MarketBeat
KDP
Earnings
- 4/25/24 - Beat
KDP
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 4/30/24 - Form 4
- KDP's page on the SEC website