Burlington-based Keurig Dr Pepper Inc. (KDP) is a non-alcoholic beverage company. It manufactures and distributes beverages and single-serve brewing systems in the U.S. and internationally. With a market cap of around $49.3 billion, Keurig Dr Pepper operates through the U.S. Refreshment Beverages, U.S. Coffee, and International segments. The beverage giant is expected to release its third-quarter earnings before the market opens on Thursday, Oct. 24.
Ahead of the event, analysts expect Keurig Dr Pepper to report a profit of $0.51 per share, up 6.3% from $0.48 per share reported in the year-ago quarter. The company has surpassed or met Wall Street’s adjusted EPS projections in each of the past four quarters. Its adjusted EPS for the last reported quarter grew 7.1% year over year to $0.45, meeting the consensus estimates.
