Keurig Dr Pepper Inc. (KDP) Reports In-Line Q4 EPS

Keurig Dr Pepper Inc. (NASDAQ: KDP) reported Q4 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.79 billion.

GUIDNACE:

The 2023 guidance provided below is presented on a constant currency, non-GAAP basis. The Company does not provide reconciliations of such forward-looking non-GAAP measures to GAAP due to the inability to predict the amount and timing of impacts outside of the Company\'s control on certain items, such as non-cash gains or losses resulting from mark-to-market adjustments of derivative instruments, among others.

KDP expects net sales growth of 5% and Adjusted diluted EPS growth of 6% to 7% in 2023, primarily reflecting an improved relationship between pricing and inflation. Foreign currency translation is expected to approximate a half of one percentage point headwind to both net sales and Adjusted EPS growth.

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

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