The Latest Breaking News from Keurig Dr Pepper

There is a wide chasm between marketing and science. But in the lucrative beverage industry, the lines have become blurred.

A whale with a lot of money to spend has taken a noticeably bearish stance on Keurig Dr Pepper. Looking at options history for Keurig Dr Pepper (NASDAQ:KDP) we detected 12 strange trades.

Upgrades

Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 10 years by 6.9% on an annualized basis producing an average annual return of 17.64%. Currently, Keurig Dr Pepper has a market capitalization of $50.93 billion.

Upgrades

If history is any guide, there may be trouble ahead for shares of Keurig Dr Pepper (NASDAQ:KDP). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

This week, the S&P 500 will get three brand new members as part of the index's regular rebalancing.

According to Benzinga Pro, during Q1, Keurig Dr Pepper (NASDAQ:KDP) earned $585.00 million, a 30.6% increase from the preceding quarter. Keurig Dr Pepper's sales decreased to $3.08 billion, a 9.23% change since Q4.

  Keurig Dr Pepper (NASDAQ:KDP) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM. Here's what investors need to know about the announcement. Earnings Keurig Dr Pepper reported in-line EPS of $0.33 versus an estimate of $0.33.

Upgrades

Keurig Dr Pepper Inc (NASDAQ:KDP) reported fourth-quarter FY21 sales growth of 8.7% year-on-year, to $3.39 billion, beating the consensus of $3.30 billion. Net sales increase reflected strong growth in Packaged Beverages, Beverage Concentrates, and Latin America Beverages. On a constant currency basis, net sales advanced 8.5% Y/Y and 15.7% versus Q4 2019. Net…