Keurig Dr Pepper Inc's stock soared 5.24% intraday on Tuesday, driven by the company's better-than-expected fourth-quarter earnings and a strong financial forecast for 2026.
The beverage maker reported quarterly adjusted earnings of $0.60 per share, beating the analyst consensus estimate of $0.59. Net sales for the quarter reached $4.5 billion, surpassing Wall Street's forecast of $4.36 billion and marking an 11% increase from the previous year. The company's U.S. refreshment beverages segment saw net sales jump 12% to $2.7 billion, driven by volume growth and favorable pricing.
For 2026, Keurig Dr Pepper provided an optimistic outlook, expecting net sales in the range of $25.9 billion to $26.4 billion and targeting double-digit adjusted earnings-per-share growth. This guidance includes anticipated contributions from the pending acquisition of Dutch coffee and tea group JDE Peet's, which is expected to significantly expand the company's global coffee footprint. The strong results and forward-looking statements have bolstered investor confidence in the company's growth trajectory despite ongoing cost pressures in the coffee segment.
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