Keurig Dr Pepper (NASDAQ:KDP) Releases Earnings Results, Beats Estimates By $0.04 EPS

Keurig Dr Pepper (NASDAQ:KDP) issued its quarterly earnings data on Tuesday. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.04, Zacks reports. The business had revenue of $7.34 billion during the quarter, compared to analysts’ expectations of $7.33 billion. Keurig Dr Pepper had a net margin of 7.10% and a return on equity of 10.80%. Keurig Dr Pepper’s revenue for the quarter was up 70.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.54 earnings per share.

Here are the key takeaways from Keurig Dr Pepper’s conference call:

• U.S. Refreshment Beverages continued strong momentum, with net sales up 10.9% and the eighth consecutive quarter of double-digit growth. Dr Pepper, Ghost, Electrolit, Canada Dry and other brands gained traction, while the energy portfolio surpassed 10% market share.
• U.S. Coffee faced softer-than-expected single-serve demand as value-conscious consumers shifted toward lower-cost formats and private label. KDP lowered its legacy EPS growth outlook to 3%-5% from 4%-6%, while increasing trade promotions and marketing to support the category.
• JDE Peet’s delivered approximately $2.6 billion in sales and $480 million in operating income, with improved market-share trends, pricing discipline, productivity savings and synergies. Its expected contribution to total-company EPS growth was raised to 7%-8% from 6%-7%.
• KDP generated $1 billion of third-quarter free cash flow and plans to use approximately $925 million of proceeds from the Chobani stake and facility transaction for debt repayment. Management also remains on track for the planned early-2027 separation into Beverage Co. and Global Coffee Co., subject to market conditions.

Keurig Dr Pepper Stock Performance

Keurig Dr Pepper stock traded down $1.74 during mid-day trading on Tuesday, reaching $35.08. The company had a trading volume of 9,625,998 shares, compared to its average volume of 12,109,394. The company has a quick ratio of 0.28, a current ratio of 0.48 and a debt-to-equity ratio of 0.74. The firm has a market cap of $47.74 billion, a price-to-earnings ratio of 35.40, a PEG ratio of 1.66 and a beta of 0.40. The company has a 50 day moving average of $32.54 and a 200-day moving average of $30.03. Keurig Dr Pepper has a 52 week low of $24.88 and a 52 week high of $36.95.

Keurig Dr Pepper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Monday, September 28th were issued a $0.23 dividend. The ex-dividend date of this dividend was Monday, September 28th. This represents a $0.92 dividend on an annualized basis and a yield of 2.6%. Keurig Dr Pepper’s dividend payout ratio is 92.93%.

More Keurig Dr Pepper News

Here are the key news stories impacting Keurig Dr Pepper this week:

• Positive Sentiment: Q3 earnings exceeded estimates. KDP reported adjusted earnings of $0.66 per share, ahead of the $0.62–$0.63 analyst consensus and up from $0.54 a year earlier. Revenue reached $7.34 billion, narrowly surpassing expectations of $7.33 billion. Keurig Dr Pepper Surpasses Q3 Earnings Estimates
• Positive Sentiment: Profitability and demand improved. Net income attributable to common shareholders increased to $810 million, or $0.59 per share, from $662 million, or $0.49 per share. Reuters reported steady demand for higher-priced beverages, while KDP said growth was broad-based across its legacy segments. Keurig Dr Pepper Beats Quarterly Estimates
• Positive Sentiment: Full-year guidance was reaffirmed. Maintaining its 2026 outlook reduces the risk of an immediate earnings-related forecast cut and signals that management remains comfortable with its expectations. Keurig Dr Pepper Reports Q3 Results
• Neutral Sentiment: KDP’s revenue increased sharply year over year, though the reported 70.6% growth rate reflects the impact of acquisitions as well as operating performance. Investors are reviewing segment-level metrics to determine how much underlying growth exceeded or lagged expectations. Key Metrics From KDP Q3 Earnings
• Negative Sentiment: Margin and valuation concerns may be limiting the reaction. Investors had been warned that softer coffee trends and higher costs could pressure margins. With KDP trading near a 52-week high and at a relatively elevated earnings multiple, the quarterly beat may not have been enough to support further gains. KDP Q3 Earnings Preview

Wall Street Analysts Forecast Growth

Several brokerages recently commented on KDP. TD Cowen lifted their target price on shares of Keurig Dr Pepper from $31.00 to $33.00 in a report on Wednesday, July 8th. Bank of America upped their price target on shares of Keurig Dr Pepper from $35.00 to $38.00 in a report on Friday, July 10th. BNP Paribas Exane raised their price target on Keurig Dr Pepper from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. JPMorgan Chase & Co. boosted their price objective on Keurig Dr Pepper from $38.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, October 22nd. Finally, Evercore boosted their price objective on Keurig Dr Pepper from $30.00 to $32.00 in a research report on Thursday, October 8th. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $36.12.

Insider Transactions at Keurig Dr Pepper

In related news, insider Mary Beth Denooyer sold 12,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $32.55, for a total value of $390,600.00. Following the completion of the transaction, the insider directly owned 84,171 shares of the company’s stock, valued at $2,739,766.05. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Aaron E. Alt purchased 7,862 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were acquired at an average price of $31.83 per share, for a total transaction of $250,247.46. Following the purchase, the director directly owned 7,862 shares of the company’s stock, valued at approximately $250,247.46. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.34% of the company’s stock.

Keurig Dr Pepper Company Profile

Keurig Dr Pepper Inc (NASDAQ: KDP) is a beverage company that operates across coffee and packaged beverages. Its portfolio includes soft drinks, flavored waters, juices, juice drinks, ready-to-drink teas and coffees, sports and energy beverages, and mixers, as well as single-serve coffee brewing systems and pods.

The company’s brands include Keurig, Green Mountain Coffee Roasters, The Original Donut Shop, Dr Pepper, Canada Dry, Snapple, 7UP, A&W, Mott’s, Bai, CORE Hydration and Venom, among others.