Keurig Dr Pepper Set to Report Third-Quarter Earnings

Plano, Texas

Keurig Dr Pepper (KDP) is set to report its third-quarter earnings soon, with analysts expecting the earnings per share (EPS) to be approximately $0.49 and revenue estimated at $4.14 billion. The projected EPS represents a +8.9% year-over-year improvement, while the revenue estimate signals growth of about +5-6% from the prior year. The company faces headwinds from inflation, supply chain pressures and shifting consumer preferences as it navigates the quarter.

Key expectations and near-term impact

Analysts expect the earnings per share (EPS) to be approximately $0.49, a +8.9% year-over-year improvement. Revenue for the quarter is anticipated to be around $4.14 billion, indicating a growth of about +5-6% from the previous year. Market observers will watch whether KDP can translate volume and pricing into the anticipated EPS gain amid broader economic pressure.

Company performance and operational details

KDP’s recent results indicated double-digit growth in the U.S. Refreshment Beverages segment, while its U.S. Coffee division experienced a modest decline. The company is facing challenges such as inflation, supply chain pressures, and changing consumer preferences, which have affected category dynamics and margin management. Influential factors impacting KDP include market share gains in the carbonated soft drinks and sports hydration sectors, which have helped offset weakness elsewhere.

Guidance and outlook

Guidance forecast for KDP suggests near mid-single-digit growth for net sales and high-single-digit growth for adjusted diluted EPS for the fiscal year 2025. Management plans and investor expectations will be measured against that outlook, with attention on how pricing, promotional activity and cost control contribute to the adjusted EPS trajectory.

Macro environment and events that could influence results

The Federal Open Market Committee (FOMC) is expected to announce changes to the Fed Funds Interest Rate, which could influence consumer spending patterns that affect beverage demand. The Bureau of Labor Statistics is scheduled to release employment numbers for September, but these may be canceled due to a government shutdown. Both data releases and monetary policy moves are being monitored for their potential short-term impact on consumer behavior and retailer restocking.

Other companies and local activity on the same schedule

D.R. Horton, the largest homebuilder in the U.S., will also report third-quarter results on the same day amid a volatile housing market. Other companies reporting earnings include Tenet Healthcare Corp., ATI Inc., Flowserve, Visa, UnitedHealth Group, and UPS. Caterpillar Inc. will highlight local companies reporting earnings alongside KDP. The Federal Reserve Bank of Dallas will host discussions on bank funding and other economic issues that could frame investor expectations.

Corporate restructuring and local consolidation

KDP plans to separate its Dr Pepper-led operations, consolidating them in North Texas next year. The company is based in Plano, Texas, and has a co-headquarters there, and the planned consolidation represents a focused shift of Dr Pepper-led operations to the region.

Additional local note

Celebrity Hank Schyma will host a book signing event at Half Price Books in Dallas. This local event coincides with a busy corporate earnings calendar in the region.

What investors and readers should watch

Key items to watch when KDP reports include whether reported EPS meets or exceeds the approximately $0.49 forecast, whether revenue aligns with the anticipated $4.14 billion figure and how management addresses inflation, supply chain pressures and changing consumer preferences. Investors will also evaluate segment trends—especially the U.S. Refreshment Beverages strength and the modest decline in U.S. Coffee—against guidance calling for near mid-single-digit growth for net sales and high-single-digit growth for adjusted diluted EPS for the fiscal year 2025.