Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Keurig Dr Pepper (KDP)
NASDAQ:KDP
Holding KDP?
Track your performance easily
Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.57Last Year’s EPS
$0.55Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: -11.72%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant strategic advancements such as the acquisition of GHOST and strong international performance. However, challenges in the U.S. coffee segment and external factors like hurricanes tempered the overall performance.Company Guidance
During the Keurig Dr Pepper (KDP) earnings call for Q3 2024, the company provided guidance reaffirming its full-year outlook despite a challenging operating environment. The guidance included mid-single-digit net sales growth and high single-digit EPS growth on a constant currency basis. The company highlighted a 3.1% growth in constant currency net sales for the quarter, driven by a 3.5% increase in volume/mix, while net price realization slightly declined by 0.4%. KDP projected a sequential improvement in Q4 pricing and expected to see a further step-up in 2025, following recent pricing actions. The operating margin expanded by 110 basis points, contributing to a 7.5% growth in operating income and a 6% increase in EPS. The call also emphasized the strategic acquisition of a majority stake in GHOST, expected to enhance KDP's portfolio in the energy drink category, with a purchase of the remaining stake planned for the first half of 2028. The transaction aims to drive both top-line growth and operational efficiencies, aligning with KDP's long-term strategic pillars.Strategic Acquisition of GHOST
Keurig Dr Pepper announced the acquisition of a majority stake in GHOST, a fast-growing energy drink brand, which will enhance KDP's portfolio and position in the energy drink category. GHOST has quadrupled in size over the last 3 years.
Strong Performance in International Markets
KDP's international segment saw a constant currency net sales growth of 6.5%, with strong market share gains in Mexico and Canada.
U.S. Refreshment Beverages Growth
Net sales in the U.S. refreshment beverages segment grew 5.3%, with volume/mix up 4% and pricing contributing 1.3% to the top line.
---
KDP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
KDP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $36.70 | $34.94 | -4.80% |
| Jul 25, 2024 | $32.57 | $33.01 | +1.35% |
| Apr 25, 2024 | $31.94 | $33.42 | +4.63% |
| Feb 22, 2024 | $30.99 | $29.78 | -3.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Keurig Dr Pepper (KDP) report earnings?
Keurig Dr Pepper (KDP) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Keurig Dr Pepper (KDP) earnings time?
Keurig Dr Pepper (KDP) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KDP EPS forecast?
KDP EPS forecast for the fiscal quarter 2024 (Q4) is $0.57.
---
