Keurig Dr Pepper Reaffirmed FY24 Guidance For Constant Currency Net Sales Growth In Mid-Single-Digit Range And Adjusted Diluted EPS Growth In High-Single-Digit Range
Portfolio Pulse from Benzinga Newsdesk
Keurig Dr Pepper has reaffirmed its fiscal year 2024 guidance, expecting mid-single-digit range growth in constant currency net sales and high-single-digit range growth in adjusted diluted EPS.
April 25, 2024 | 11:09 am
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POSITIVE IMPACT
Keurig Dr Pepper reaffirms FY24 guidance with expected growth in net sales and adjusted EPS, indicating strong future performance.
Reaffirming guidance typically instills confidence in investors about the company's future performance and stability. The specific mention of growth in both net sales and EPS directly relates to KDP's financial health and operational efficiency, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100