Keurig Dr Pepper up after Q2 results beat, maintains FY targets
KDP•Full-year outlook unchanged
KDP sees 2026 net sales in the range of $25.9 billion to $26.4 billion and adjusted earnings per share growth in a low-double-digit range.
YTD shares are up about 10%.
Revenue and profit top estimates
KDP said Q2 revenue surged 75.6% to $7.31 billion, beating LSEG's estimate of $7.24 billion.
The company said Q2 adjusted profit was $0.57/share, above analysts' expectation of $0.54/share.
Shares rise after quarterly beat
Soft drinks giant Keurig Dr Pepper KDP.O shares rose 1.5% to $31.21 premarket as the company maintained its annual forecasts after Q2 results beat expectations.
The company said results were driven by strong performance in its sodas and energy drinks portfolios even as it faces challenging demand for coffee.
