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KDP — Keurig Dr Pepper News Story

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Consumer DefensivesConservativeLarge CapNeutral

Keurig Dr Pepper up after annual sales forecast raise

** Shares of beverage company Keurig Dr Pepper  up about 4% at $28.12 premarket

** Co raises annual sales forecast, betting on resilient demand for its energy drinks and carbonated soft beverages in U.S. as well as international markets

** Now expects fiscal 2025 constant currency net sales growth in a high-single-digit range vs a mid-single-digit growth outlook previously

** Reports Q3 revenue at $4.30 billion vs analysts estimates of $4.15 billion - as per data compiled by LSEG

** Logs adjusted EPS at 54 cents, in line with analysts' estimates

** As of last close, KDP down 15.4% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))

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