Analysts on Wall Street project that Keurig Dr Pepper, Inc (KDP) will announce quarterly earnings of $0.59 per share in its forthcoming report, representing an increase of 1.7% year over year. Revenues are projected to reach $4.36 billion, increasing 7.2% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Keurig Dr Pepper metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Net Sales- U.S. Coffee' stands at $1.15 billion. The estimate suggests a change of +1.9% year over year.
Analysts expect 'Net Sales- International' to come in at $556.49 million. The estimate suggests a change of +11.5% year over year.
Analysts forecast 'Net Sales- U.S. Refreshment Beverages' to reach $2.67 billion. The estimate suggests a change of +9.3% year over year.
The consensus among analysts is that 'Adjusted Income from Operations- U.S. Refreshment Beverages' will reach $819.81 million. Compared to the present estimate, the company reported $774.00 million in the same quarter last year.
Analysts predict that the 'Adjusted Income from Operations- International' will reach $155.91 million. The estimate is in contrast to the year-ago figure of $130.00 million.
The combined assessment of analysts suggests that 'Adjusted Income from Operations- U.S. Coffee' will likely reach $395.60 million. The estimate compares to the year-ago value of $399.00 million.
View all Key Company Metrics for Keurig Dr Pepper here>>>
Over the past month, Keurig Dr Pepper shares have recorded returns of +5.2% versus the Zacks S&P 500 composite's -0.8% change. Based on its Zacks Rank #2 (Buy), KDP will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Keurig Dr Pepper, Inc (KDP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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