Keurig Dr Pepper Inc. (KDP) Tops Q1 EPS by 1c

Keurig Dr Pepper Inc. (NASDAQ: KDP) reported Q1 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.72 billion.

Outlook for 2021:

The Company reaffirmed its guidance for Adjusted diluted EPS growth in the range of 13% to 15%, reflecting its increased guidance for constant currency net sales growth in the range of 4% to 6%, which is expected to offset growing inflationary pressures in the balance of the year. The Company continues to expect its management leverage ratio to be at or below 3.0x at year-end.

For earnings history and earnings-related data on Keurig Dr Pepper Inc. (KDP) click here.

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