Key TakeawaysKeurig Dr Pepper's revenue missed analysts' estimates as U.S. coffee sales slumped.The coffee and soft drink company also announced it was buying energy-drink maker GHOST Beverages. Keurig Dr Pepper will pay $990 million for a 60% stake in GHOST, and purchase the remaining 40% in 2028 at a price to be determined.The stock slid in Thursday trading. Keurig Dr Pepper (KDP) shares fell Thursday after the coffee and soft drink company posted worse-than-expected sales and announced it was purchasing ...

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Keurig Dr Pepper Inc. (NASDAQ:KDP) Q3 2024 Earnings Call October 24, 2024 8:00 AM ET Company Participants Jane Gelfand - Head, Investor Relations Tim Cofer - Chief Executive Officer Sudhanshu Priyadarshi - Chief Financial Officer and President, International Conference Call Participants Kaumil Gajrawala - Jefferies Brett Cooper - Consumer Edge Research Dara Mohsenian - Morgan Stanley Chris Carey - Wells Fargo Securities Robert Ottenstein - Evercore Operator Good morning, ladies and gentlemen and thank you f ...

The beverage giant came up short on the top line and surprised investors with an acquisition. Shares of Keurig Dr Pepper (KDP -5.44%) were heading lower today after the beverage giant posted disappointing results in its third-quarter earnings report. The company also said it would acquire Ghost, a maker of energy drinks. As of 9:58 a.m. ET, the stock was down 4.3% on the news. Keurig comes up short Keurig Dr Pepper reported revenue in the quarter up 2.3% to $3.89 billion, which was short of estimates at $3. ...

For the quarter ended September 2024, Keurig Dr Pepper, Inc (KDP) reported revenue of $3.89 billion, up 2.3% over the same period last year. EPS came in at $0.51, compared to $0.48 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.92 billion, representing a surprise of -0.82%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 001-33829 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware 98-0517725 (State or other jurisdiction of ...

Keurig Dr Pepper, Inc (KDP) came out with quarterly earnings of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.45 per share when it actually produced earnings of $0.45, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Keurig Dr Pepper, which belongs to ...

EXHIBIT 99.1 ________________________________________ Keurig Dr Pepper Reports Q3 2024 Results and Reaffirms Fiscal 2024 Guidance Q3 Performance Led by Strong U.S. Refreshment Beverages and International Momentum Announced Acquisition of GHOST Advances Position in Attractive Energy Drink Space Company Reaffirms 2024 Constant Currency Net Sales and Adjusted EPS Outlook BURLINGTON, MA and FRISCO, TX (October 24, 2024) – Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the third quarter of 2024 a ...

Q3 Performance Led by Strong U.S. Refreshment Beverages and International MomentumAnnounced Acquisition of GHOST Advances Position in Attractive Energy Drink SpaceCompany Reaffirms 2024 Constant Currency Net Sales and Adjusted EPS OutlookBURLINGTON, MA and FRISCO, TX, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the third quarter of 2024 and reaffirmed its full year guidance.Reported GAAP Basis Adjusted Basis1 Q3 YTD Q3 YTD Net Sales $3.89 bn $11.28 bn $3.89 b ...

Addition of fast-growing brand accelerates KDP's portfolio evolution towards consumer-preferred spacesDisciplined transaction creates win-win alignment between GHOST and KDPBURLINGTON, Mass., and FRISCO, Tex., and LAS VEGAS and CHICAGO, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced that it has entered into a definitive agreement to acquire GHOST Lifestyle LLC and GHOST Beverages LLC (collectively "GHOST"). Founded in 2016, GHOST® is a lifestyle sports nutrition business with a ...