Keurig Dr Pepper Inc. (NYSE:KDP) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.37 per share.
For the full year, analysts predict revenues of $ 11472.80 million, while looking forward to income of $ 1.40 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 11,454.00 million ~ $ 11,565.00 million, where as bottomline are predicted in a range of $ 1.38 ~ $ 1.40 per share
Click Here For More Historical Outlooks Of Keurig Dr Pepper Inc.
Previous Quarter Performance
Keurig Dr Pepper Inc. posted income for the second quarter of $ 0.33 per share, from the revenue of $ 2,864.00 million. The quarterly earnings elevated 10.00 percent while revenues gained 1.85 percent compared with the same quarter last year.
According to street consensus, KDP was expected to report 2Q20 income of $ 0.31 per share from revenue of $ 2814.61 million. The bottom line results beat street analysts by $ 0.02 or 6.45 percent, at the same time, top line results outshined analysts by $ 49.39 million or 1.75 percent.
Stock Performance
Shares of Keurig Dr Pepper Inc. traded low $ -0.87 or -3.04 percent on Wednesday, reaching $ 27.73 with volume of 6.26 million shares. Keurig Dr Pepper Inc. has traded high as $ 28.39 and has cracked $ 27.53 on the downward trend
According to the previous trading day, closing price of $ 27.73, representing a 50.68 % increase from the 52 week low of $ 18.98 and a 10.63 % decrease over the 52 week high of $ 32.00.
The company has a market capital of $ 39.02 billion and is part of the Consumer Defensive sector and Beverages – Soft Drinks industry.
Conference Call
Keurig Dr Pepper Inc. will be hosting a conference call at 8:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.keurigdrpepper.com
Keurig Dr Pepper Inc. operates as a beverage company in the United States and internationally. It operates through four segments: Beverage Concentrates, Packaged Beverages, Latin America Beverages, and Coffee Systems.
