Investing.com - Keurig Dr Pepper (NYSE:KDP) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.25 on revenue of $2.5B. Analysts polled by Investing.com expected EPS of $0.23 on revenue of $2.54B. That compared to EPS of $0.88 on revenue of $1.59B in the same period a year earlier. The company had reported EPS of $0.3 on revenue of $2.81B in the previous quarter.
For the year, Keurig Dr Pepper shares are up 13.53%, under-performing the S&P 500 which is up 16.25% year to date.
Keurig Dr Pepper follows other major Consumer/Non-Cyclical sector earnings this month
On April 23, Procter&Gamble reported third quarter EPS of $1.06 on revenue of $16.46B, compared to forecasts of EPS of $1.03 on revenue of $16.36B.
Coca-Cola earnings beat analyst's expectations on April 23, with first quarter EPS of $0.48 on revenue of $8.02B. Investing.com analysts expected EPS of $0.46 on revenue of $7.88B
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