Raises FY25 revenue view to up high-single-digit from up mid-single-digits. The company said, “KDP now expects fiscal 2025 constant currency net sales growth in a high-single-digit range, revised from a mid-single-digit growth outlook previously. The company’s outlook for adjusted diluted EPS growth in a high-single-digit range is unchanged. At current rates, foreign currency translation is forecasted to approximate a one half of one percentage point headwind to full year top- and bottom-line growth.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KDP:
- Keurig Dr Pepper reports Q3 adjusted EPS 54c, consensus 54c
- KDP Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Keurig Dr Pepper price target lowered to $36 from $39 at JPMorgan
- Activist Starboard Pours into Keurig Dr Pepper (KDP) After Controversial JDE Peet’s Deal
- Strategic Acquisition and Investor Confidence Drive Buy Rating for Keurig Dr Pepper
