Keurig Dr Pepper earnings beat expectations, but its legacy profit outlook weakens
Earnings results
- EPS beat +4.8%
Actual: $0.66 · Cons.: $0.63 (adjusted diluted EPS)
- Revenue miss -0.2%
Actual: $7.344B · Cons.: $7.36B (reported consolidated revenue)
- Guidance
Maintained 2026 sales of $25.9–$26.4 billion and low-double-digit constant-currency adjusted EPS growth; cut legacy KDP adjusted EPS growth to 3–5% from 4–6%.
Keurig Dr Pepper lowered its legacy business profit-growth outlook despite an earnings beat.