Keurig Dr Pepper Inc. (KDP) Reports In-Line Q3 EPS; Raises Sales Guidance

Keurig Dr Pepper Inc. (NASDAQ: KDP) reported Q3 EPS of $0.44, in-line with the analyst estimate of $0.44. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.16 billion.

GUIDANCE:

The Company raised its guidance for constant currency net sales growth to the range of 7% to 8%, from the previous range of 6% to 7%, and reaffirmed its outlook for Adjusted diluted EPS growth in the range of 13% to 15%. KDP 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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