Keurig Dr Pepper Inc. (KDP) Tops Q1 EPS by 2c, Offers FY Guidance
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Keurig Dr Pepper Reports Strong Start to 2020
April 27, 2020 4:10 PM EDTBURLINGTON, Mass. and PLANO, Texas, April 27, 2020 /PRNewswire/ -- Keurig Dr Pepper Inc. (NYSE: KDP) today reported strong financial results for the first quarter ended March 31, 2020. Net sales in the first quarter of 2020 increased 4.4% to $2.61 billion, compared to $2.50 billion in the year-ago period, reflecting growth in all four reporting segments.  On a constant currency basis, net sales increased 4.5%.
On a GAAP basis, diluted earnings per share in the first quarter of 2020 decreased to $0.11, compared to $0.16 in the year-ago period. Excluding items affecting comparability1, Adjusted diluted EPS advanced 16% to $0.29, compared to $0.25 in... More
