Keurig Dr Pepper Tops Q4 Estimates, Sees Strong Gr…
From Financial Modeling Prep: 2025-02-25 12:21:00
Keurig Dr Pepper (NASDAQ:KDP) exceeded Q4 expectations, boosting shares by 4% on strong revenue growth and a positive 2025 outlook. Adjusted EPS was $0.58, beating estimates of $0.57. Revenue rose 5.2% to $4.07 billion, surpassing the $4.02 billion forecast. The U.S. Refreshment Beverages segment saw a 10.3% sales increase.
However, the U.S. Coffee segment struggled, with a 2.4% sales decline despite a 1.1% rise in K-Cup pod shipments. Keurig Dr Pepper is optimistic about 2025, expecting mid-single-digit net sales growth and high-single-digit adjusted EPS growth. The recent acquisition of GHOST is anticipated to strengthen its market position in the beverage industry.
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