Keurig Dr Pepper Earnings Inline, Revenue misses In Q3 By Investing.com

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Keurig Dr Pepper Earnings Inline, Revenue misses In Q3

Oct 27, 2022 13:56

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Investing.com - Keurig Dr Pepper (NASDAQ:KDP) reported third quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.46 on revenue of $3.62. Analysts polled by Investing.com forecast EPS of $0.46 on revenue of $3.63B. .

Keurig Dr Pepper shares lost 4.44% to trade at $37.04 in pre-market trade following the report.

For the year, Keurig Dr Pepper shares are down 4%, outperforming the S&P 500 which is down 19.63% year to date.

Keurig Dr Pepper follows other major Consumer Staples sector earnings this month

On October 19, Procter&Gamble reported first quarter EPS of $1.57 on revenue of $20.6B, compared to forecasts of EPS of $1.56 on revenue of $20.37B.

Coca-Cola earnings beat analyst's expectations on Tuesday, with third quarter EPS of $0.69 on revenue of $11.1B. Investing.com analysts expected EPS of $0.64 on revenue of $10.53B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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