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Keurig Dr Pepper Reports Q1 Adjusted EPS of 39 Cents, Beats Analyst Estimates

Keurig Dr Pepper Inc. posted first-quarter adjusted earnings per share of 39 cents, surpassing the consensus estimate of 37 cents. Quarterly sales reached $3.976 billion, up 9.4% year over year and above the expected $3.838 billion. The company affirmed its 2026 sales outlook of $25.900 billion to $26.400 billion.

Benzinga
1 source·Apr 24, 5:42 PM(35 days ago)·1m read
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Keurig Dr Pepper Inc. reported first-quarter adjusted earnings per share of 39 cents, beating the analyst consensus estimate of 37 cents, Benzinga reported. 838 billion.

081 billion. 06 on Friday. The company owns brands such as Dr Pepper, 7Up, Snapple, and Green Mountain Coffee.

' JP Morgan analyst Andrea Teixeira maintained an Overweight rating on Keurig Dr Pepper and raised the price target from $32 to $33. Evercore ISI Group analyst Robert Ottenstein maintained an In-Line rating on Keurig Dr Pepper and raised the price target from $28 to $30.

Key Facts

Q1 Earnings Beat
Adjusted EPS of 39 cents exceeded consensus of 37 cents.
Sales Growth
Quarterly sales of $3.976 billion rose 9.4% year over year, beating estimate of $3.838 billion.
2026 Outlook
Affirmed sales guidance of $25.900 billion to $26.400 billion versus estimate of $26.081 billion.
Analyst Updates
JP Morgan raised price target to $33; Evercore ISI to $30.
Stock Reaction
Shares increased 1.8% to $29.06 on Friday.

Story Timeline

5 events
  1. 2026-04-24

    Keurig Dr Pepper shares rose 1.8% to $29.06 on Friday.

    1 sourceBenzinga
  2. 2026-04-24

    JP Morgan analyst Andrea Teixeira maintained Overweight rating and raised price target from $32 to $33.

    1 sourceBenzinga
  3. 2026-04-24

    Evercore ISI Group analyst Robert Ottenstein maintained In-Line rating and raised price target from $28 to $30.

    1 sourceBenzinga
  4. Q1 2026

    Keurig Dr Pepper reported adjusted EPS of 39 cents and sales of $3.976 billion.

    1 sourceBenzinga
  5. 2026

    Keurig Dr Pepper affirmed sales outlook of $25.900 billion to $26.400 billion.

    1 sourceBenzinga

Potential Impact

  1. 01

    Potential increase in investor confidence due to earnings beat and affirmed outlook.

  2. 02

    Possible upward pressure on stock price from raised analyst targets.

  3. 03

    Sustained sales growth may support brand expansion in beverage sector.

  4. 04

    CEO's confidence in pure-play companies could signal future restructuring.

Transparency Panel

Sources cross-referenced1
Framing risk0/100 (low)
Confidence score65%
Synthesized bySubstrate AI
Word count90 words
PublishedApr 24, 2026, 5:42 PM
Bias signals removed1 across 1 outlet
Signal Breakdown
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