Keurig Dr Pepper up after Q2 results beat, maintains FY targets

Keurig Dr Pepper

06/08/2026 12:59

** Soft drinks giant Keurig Dr Pepper KDP.O shares up 1.5% at $31.21 premarket as co maintains its annual forecasts after Q2 results beat expectations
** Co says results driven by strong performance in its sodas and energy drinks portfolios even as it faces challenging demand for coffee
** KDP says Q2 revenue surged 75.6% to $7.31 billion, which beat LSEG's estimate of $7.24 billion
** Co says Q2 adj. profit was $0.57/shr which beat analysts' expectation of $0.54/shr
** KDP sees 2026 net sales in the range of $25.9 billion to $26.4 billion and adjusted earnings per share growth in a low-double-digit range
** YTD shares up ~10%
 

 (Reporting by Rajarshi Roy)
 ((Rajarshi.Roy@thomsonreuters.com))