WASHINGTON (dpa-AFX) - Keurig Dr Pepper Inc. (KDP) announced earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $517 million, or $0.38 per share. This compares with $454 million, or $0.33 per share, last year.
Excluding items, Keurig Dr Pepper Inc. reported adjusted earnings of $568 million or $0.42 per share for the period.
Analysts on average had expected the company to earn $0.38 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.8% to $3.635 billion from $3.468 billion last year.
Keurig Dr Pepper Inc. earnings at a glance (GAAP) :
-Earnings: $517 Mln. vs. $454 Mln. last year. -EPS: $0.38 vs. $0.33 last year. -Revenue: $3.635 Bln vs. $3.468 Bln last year.
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