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Keurig Dr Pepper (KDP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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Keurig Dr Pepper, Inc (KDP - Free Report) reported $3.92 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 3.5%. EPS of $0.45 for the same period compares to $0.42 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.9 billion, representing a surprise of +0.54%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.45.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Keurig Dr Pepper performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales- U.S. Coffee: $950 million versus the three-analyst average estimate of $941.87 million.
  • Net Sales- International: $565 million compared to the $531.96 million average estimate based on three analysts.
  • Net Sales- U.S. Refreshment Beverages: $2.41 billion versus the three-analyst average estimate of $2.43 billion.
View all Key Company Metrics for Keurig Dr Pepper here>>>

Shares of Keurig Dr Pepper have returned -4.6% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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