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Keurig Dr Pepper, Inc (KDP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Keurig Dr PepperKeurig Dr Pepper(US:KDP) ZACKSยท2024-07-18 15:08

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Keurig Dr Pepper, Inc (KDP) due to higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - The company is expected to report quarterly earnings of $0.45 per share, reflecting a year-over-year increase of +7.1% [3] - Revenues are projected to be $3.9 billion, representing a 3% increase from the previous year [15] Estimate Revisions and Predictions - Recent estimate revisions indicate a bearish outlook from analysts, resulting in an Earnings ESP of -1.46%, suggesting difficulty in predicting an earnings beat [7][8] - The consensus EPS estimate has been revised 0.04% lower over the last 30 days, indicating a reassessment by covering analysts [15] Earnings Surprise History - Over the last four quarters, Keurig Dr Pepper has consistently beaten consensus EPS estimates [10] - For the last reported quarter, the company was expected to post earnings of $0.34 per share but delivered $0.38, resulting in a surprise of +11.76% [19] Zacks Rank and Predictive Power - The company currently holds a Zacks Rank of 4 (Sell), which complicates the prediction of an earnings beat [18] - A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a higher Zacks Rank [17]