Categories AlphaGraphs, Consumer, Earnings
A visual representation of Keurig Dr Pepper (KDP) Q1 2020 earnings results
Soft drink maker Keurig Dr Pepper (NYSE: KDP) reported higher revenues and earnings for the first quarter of 2020. The company’s stock gained soon after the announcement as the results surpassed the forecast.
![Keurig Dr Pepper Q1 2020 Earnings Infographic](https://cdn.news.alphastreet.com/wp-content/uploads/2020/04/Keurig-Dr-Pepper-Q1-2020-Earnings-Infographic.jpg)
Net earnings, adjusted for special items, moved up to $0.29 per share from $0.25 per share in the first quarter of 2019. Reported profit, meanwhile dropped to $156 million or $0.11 per share from $230 million or $0.16 per share last year. Net sales rose 4% annually to $2.61 billion. The results also topped expectations.
Shares of Keurig Dr Pepper closed Monday’s regular session lower, but swung to the positive territory following the earnings report. After suffering a massive loss nearly two years ago, the stock is still struggling to regain strength. It has lost 11% since the beginning of the year.
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