Keurig Dr Pepper Q4 Adj. EPS $0.55 Beats $0.54 Estimate, Sales $3.87B Miss $3.91B Estimate
Portfolio Pulse from Benzinga Newsdesk
Keurig Dr Pepper (KDP) reported Q4 adjusted EPS of $0.55, surpassing the $0.54 estimate, marking a 10% increase from last year. However, its sales of $3.87B fell short of the $3.91B estimate, a 1.68% increase from the previous year.
February 22, 2024 | 12:02 pm
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NEUTRAL IMPACT
Keurig Dr Pepper reported a Q4 adjusted EPS of $0.55, beating estimates, but missed sales forecasts with $3.87B.
The mixed results with an earnings beat but a slight miss on sales forecasts could lead to neutral short-term stock price movement. The earnings beat indicates operational efficiency and profitability, which is positive. However, the sales miss, albeit slight, may raise concerns about growth prospects and demand, balancing out the positive impact of the earnings beat.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100