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Keurig Dr Pepper up after upbeat quarterly results

ReutersApr 24, 2025 12:00 PM

Shares of beverage company Keurig Dr Pepper KDP.O up ~2% at $36 premarket

Co beats Q1 revenue, profit estimates on strong demand for its energy drinks and beverages among U.S. consumers

Posts quarterly adjusted EPS of 42 cents vs. analysts' estimates of 38 cents, and net sales of $3.64 billion, compared with estimates of $3.57 billion - data compiled by LSEG

U.S. Refreshment Beverages, its biggest segment, saw an increase of 11% in sales

Co also reaffirms annual revenue, profit forecasts

KDP has risen 10% YTD as of last close

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