Investing.com - Keurig Dr Pepper (NASDAQ:KDP) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.33 on revenue of $3.08B. Analysts polled by Investing.com forecast EPS of $0.3282 on revenue of $3.01B. .
Keurig Dr Pepper shares lost 0.42% to trade at $37.70 in pre-market trade following the report.
For the year, Keurig Dr Pepper shares are up 2.71%, outperforming the Nasdaq which is down 20.17% year to date.
Keurig Dr Pepper follows other major Consumer Staples sector earnings this month
On April 20, Procter&Gamble reported third quarter EPS of $1.33 on revenue of $19.38B, compared to forecasts of EPS of $1.29 on revenue of $18.71B.
Coca-Cola earnings beat analyst's expectations on Monday, with first quarter EPS of $0.64 on revenue of $10.49B. Investing.com analysts expected EPS of $0.5792 on revenue of $9.83B
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