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Insights Into Keurig Dr Pepper (KDP) Q3: Wall Street Projections for Key Metrics

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In its upcoming report, Keurig Dr Pepper, Inc (KDP - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.63 per share, reflecting an increase of 16.7% compared to the same period last year. Revenues are forecasted to be $7.36 billion, representing a year-over-year increase of 71%.

The consensus EPS estimate for the quarter has undergone a downward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

In light of this perspective, let's dive into the average estimates of certain Keurig Dr Pepper metrics that are commonly tracked and forecasted by Wall Street analysts.

The consensus estimate for 'Net Sales- U.S. Coffee' stands at $967.87 million. The estimate indicates a year-over-year change of -2.3%.

According to the collective judgment of analysts, 'Net Sales- International' should come in at $640.05 million. The estimate indicates a change of +10.4% from the prior-year quarter.

The consensus among analysts is that 'Net Sales- U.S. Refreshment Beverages' will reach $2.92 billion. The estimate indicates a year-over-year change of +6.8%.

Analysts predict that the 'Adjusted Income from Operations- U.S. Refreshment Beverages' will reach $884.22 million. Compared to the current estimate, the company reported $816.00 million in the same quarter of the previous year.

Analysts expect 'Adjusted Income from Operations- International' to come in at $180.29 million. The estimate is in contrast to the year-ago figure of $155.00 million.

The average prediction of analysts places 'Adjusted Income from Operations- U.S. Coffee' at $310.71 million. The estimate compares to the year-ago value of $317.00 million.

View all Key Company Metrics for Keurig Dr Pepper here>>>

Shares of Keurig Dr Pepper have experienced a change of +15.1% in the past month compared to the +0.9% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), KDP is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

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