Keurig Dr Pepper (NYSE:KDP) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.38-1.40 for the period, compared to the Thomson Reuters consensus estimate of $1.38. The company issued revenue guidance of $11.454-11.565 billion, compared to the consensus revenue estimate of $11.42 billion.Keurig Dr Pepper also updated its FY20 guidance to $1.38-1.40 EPS.
Shares of NYSE KDP opened at $30.59 on Friday. The company has a current ratio of 0.31, a quick ratio of 0.23 and a debt-to-equity ratio of 0.52. Keurig Dr Pepper has a twelve month low of $18.98 and a twelve month high of $32.00. The stock has a 50 day moving average of $29.12 and a two-hundred day moving average of $27.40. The stock has a market cap of $43.04 billion, a P/E ratio of 23.71, a P/E/G ratio of 1.90 and a beta of 0.61.
Keurig Dr Pepper (NYSE:KDP) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. Keurig Dr Pepper had a return on equity of 7.91% and a net margin of 10.32%. The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.81 billion. During the same quarter in the previous year, the business earned $0.30 earnings per share. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. As a group, research analysts predict that Keurig Dr Pepper will post 1.4 earnings per share for the current year.
In other Keurig Dr Pepper news, Director Robert S. Singer acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were purchased at an average price of $28.14 per share, with a total value of $28,140.00. Following the completion of the acquisition, the director now directly owns 65,500 shares of the company’s stock, valued at approximately $1,843,170. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Holdings B.V. Jab acquired 7,380,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average cost of $27.16 per share, for a total transaction of $200,440,800.00. Insiders own 0.41% of the company’s stock.
About Keurig Dr Pepper
Keurig Dr Pepper Inc operates as a beverage company in the United States and internationally. It operates through four segments: Beverage Concentrates, Packaged Beverages, Latin America Beverages, and Coffee Systems. The Beverage Concentrates segment manufactures and sells beverage concentrates. This segment also manufactures beverage concentrates into syrup.
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