Keurig Dr Pepper Reports Strong 4th Quarter and Full Year Results
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Keurig Dr Pepper Inc. (KDP) Reports In-Line Q4 EPS, Revenues Miss; Offers FY20 EPS Guidance
February 27, 2020 7:14 AM ESTKeurig Dr Pepper Inc. (NYSE: KDP) reported Q4 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $2.93 billion versus the consensus estimate of $2.96 billion.
Commenting on the announcement, Keurig Dr Pepper Chairman and CEO Bob Gamgort stated, "We delivered strong performance for 2019, with underlying net sales growth in all four segments and EPS growth above our merger target range. In-market performance was healthy across our portfolio, as innovation, marketing and in-store execution drove share growth in key segments. Free cash flow continued to be robust, enabling... More
