Investing.com - Keurig Dr Pepper (NYSE:KDP) reported first quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $0.29 on revenue of $2.61B. Analysts polled by Investing.com anticipated EPS of $0.27 on revenue of $2.55B. That compared to EPS of $0.25 on revenue of $2.5B in the same period a year earlier. The company had reported EPS of $0.35 on revenue of $2.93B in the previous quarter.
Keurig Dr Pepper shares gained 6.65% to trade at $27.58 in after-hours trade following the report.
Keurig Dr Pepper shares gained 6.65% to trade at $27.58 in after-hours trade following the report.
Keurig Dr Pepper follows other major Consumer/Non-Cyclical sector earnings this month
On Friday, April 17, 2020, Procter&Gamble reported third quarter EPS of $1.17 on revenue of $17.21B, compared to forecasts of EPS of $1.13 on revenue of $17.31B.
Coca-Cola earnings beat analyst's expectations on Tuesday, April 21, 2020, with first quarter EPS of $0.51 on revenue of $8.6B. Investing.com analysts expected EPS of $0.44 on revenue of $8.3B
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