Keurig Dr Pepper Q2 Earnings Preview: Revenue Expected to Grow 5.2% YoY

Keurig Dr Pepper is set to report Q2 earnings on Thursday, with analysts expecting a 5.2% YoY revenue growth to $4.13 billion and adjusted EPS of $0.49. The company beat revenue expectations by 1.9% in Q1 and has missed Wall Street's revenue estimates twice over the last two years. Despite this, analysts have grown bullish with revenue estimates seeing 3 upward revisions over the last 30 days. The beverage company's peers in the beverages, alcohol, and tobacco segment have reported mixed results, with Coca-Cola beating estimates and Philip Morris falling short.

Keurig Dr Pepper (KDP) is set to report its Q2 2025 earnings on Thursday, with analysts expecting a 5.2% year-over-year (YoY) revenue growth to $4.13 billion and adjusted earnings per share (EPS) of $0.49 [1][2]. The company has been on a mixed track record, having beaten revenue expectations by 1.9% in Q1 2025 but missing Wall Street's revenue estimates twice over the last two years. Despite this, analysts have grown bullish, with revenue estimates seeing three upward revisions over the last 30 days.

The consensus EPS estimate has undergone an upward revision of 0.4% in the past 30 days, reaching its current level of $0.49 per share [1][2]. This upward revision reflects analysts' reassessment of their initial estimates and indicates a potential positive investor reaction to the stock. The collective assessment of analysts places 'Net Sales- U.S. Coffee' at $920.79 million, a decrease of -3.1% year over year. Meanwhile, 'Net Sales- International' is forecasted at $552.35 million, indicating a -2.2% change from the prior-year quarter. 'Net Sales- U.S. Refreshment Beverages' is expected to reach $2.66 billion, reflecting a 10.5% increase from the prior-year quarter [1][2].

Analysts predict 'Adjusted Income from Operations- U.S. Refreshment Beverages' to reach $804.49 million, up from $717.00 million in the year-ago quarter. The consensus estimate for 'Adjusted Income from Operations- International' is $148.94 million, down from $150.00 million in the year-ago quarter. The consensus estimate for 'Adjusted Income from Operations- U.S. Coffee' stands at $264.36 million, up from $228.00 million in the year-ago quarter [1][2].

Shares of Keurig Dr Pepper have demonstrated returns of -0.1% over the past month compared to the Zacks S&P 500 composite's +5.4% change. With a Zacks Rank #3 (Hold), KDP is expected to mirror the overall market performance in the near future [1][2]. The beverage company's peers in the beverages, alcohol, and tobacco segment have reported mixed results, with Coca-Cola beating estimates and Philip Morris falling short.

References:
[1] https://www.nasdaq.com/articles/gear-keurig-dr-pepper-kdp-q2-earnings-wall-street-estimates-key-metrics
[2] https://finance.yahoo.com/news/gear-keurig-dr-pepper-kdp-131506551.html