Investing.com - Keurig Dr Pepper (NYSE:KDP) reported fourth quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.3 on revenue of $2.81B. Analysts polled by Investing.com expected EPS of $0.3 on revenue of $2.84B. That compared to EPS of $1.19 on revenue of $1.64B in the same period a year earlier. The company had reported EPS of $0.3 on revenue of $2.86B in the previous quarter.
For the year, Keurig Dr Pepper shares are up 5.07%, under-performing the S&P 500 which is up 12.73% year to date.
Keurig Dr Pepper follows other major Consumer/Non-Cyclical sector earnings this month
On February 14, Coca-Cola reported fourth quarter EPS of $0.43 on revenue of $7.1B, compared to forecasts of EPS of $0.43 on revenue of $7.07B.
PepsiCo earnings matched analyst's expectations on February 15, with fourth quarter EPS of $1.49 on revenue of $19.52B. Investing.com analysts expected EPS of $1.49 on revenue of $19.51B
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