NASDAQ$KDP

Keurig Dr Pepper Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Keurig Dr Pepper reported strong net sales momentum, with growth in all business segments.

Keurig Dr Pepper reported strong Q3 2022 results, with net sales increasing by 11.4% to $3.62 billion. The company reaffirmed its full-year guidance for constant currency net sales growth in the low-double-digit range and Adjusted EPS growth in the mid-single-digit range.

  • Net sales for the third quarter of 2022 increased 11.4% to $3.62 billion.
  • Constant currency net sales advanced 11.8%, with all four segments growing sales.
  • Adjusted diluted EPS in the quarter increased 4.5% to $0.46.
  • KDP reaffirmed its 2022 guidance for constant currency net sales growth in the low-double-digit range and Adjusted EPS growth in the mid-single-digit range.

Headline financials

Total Revenue

$3.62B

Previous: $3.25B+11.4%
EPS (adj)

$0.46

Previous: $0.44+4.5%
Capital Expenditures

-$260M

Previous: -$325M+20.0%
Free Cash Flow

-$80M

Previous: $205M-139.0%
Net Income

$180M

Previous: $530M-66.0%
Operating Income

$394M

Previous: $795M-50.4%
Gross Profit

$1.9B

Previous: $1.84B+3.6%
Cash & Equivalents

$925M

Previous: $200M+362.5%
Total Assets

$51.4B

Previous: $50.3B+2.2%
Stock-Based Comp

$31M

Previous: $20M+55.0%

Revenue & EPS history

Keurig Dr Pepper · Revenue · Quarterly

$3.62B

Q3 2022+11.4%vs Q3 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Keurig Dr Pepper · $523M total across 1 segment · Q3 2023

  • International
    $523M

Forward guidance

KDP reaffirmed its 2022 guidance for constant currency net sales growth in the low-double-digit range and Adjusted EPS growth in the mid-single-digit range.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.6%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-0.8%

Avg return

30 days after

60%

42 / 70 earnings

Positive

+7.5%

Q1 2026

Best reaction

-7.9%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.5%+8.5%+9.6%
Q4 2025+2.5%+1.7%-11.8%
Q3 2025+7.3%+0.0%+1.9%
Q2 2025-0.5%+1.0%-21.8%
Q1 2025-2.1%-2.7%-6.5%
Q4 2024+2.4%-1.8%+0.4%
Q3 2024-5.8%-10.4%-11.0%
Q2 2024+3.0%+4.1%+9.0%
Q1 2024+4.3%+4.2%+5.7%
Q4 2023-4.5%-6.6%-5.7%
Q3 2023+2.6%+4.2%+12.1%
Q2 2023+4.2%+4.9%+2.3%
Q1 2023-7.9%-8.3%-11.5%
Q4 2022+0.0%-3.4%-2.5%
Q3 2022+2.0%-2.4%-1.3%
Q2 2022+4.4%+3.9%+4.1%
Q1 2022-1.2%-1.8%-7.1%
Q4 2021+0.6%+0.3%-1.3%
Q3 2021+5.5%+5.2%+2.3%
Q2 2021-0.3%-1.4%-0.6%
Q1 2021+1.8%+1.4%+5.0%
Q4 2020-3.0%-2.2%+12.0%
Q3 2020-3.0%+0.3%+10.9%
Q2 2020-2.1%-4.2%-3.8%
Q1 2020+3.1%-1.5%+5.6%
Q4 2019-3.0%-4.1%-15.1%
Q3 2019+3.7%+3.7%+4.0%
Q2 2019+5.4%+3.1%-2.7%
Q1 2019+1.0%+1.6%-2.6%
Q4 2018-3.5%-3.5%+3.8%
Q3 2018+4.6%+4.8%-3.3%
Q2 2018+0.0%-0.4%-4.1%
Q1 2018+0.8%+1.0%+1.3%
Q4 2017-0.4%-0.7%+1.4%
Q3 2017-3.6%-5.2%-3.5%
Q2 2017-1.4%-1.2%-2.0%
Q1 2017-6.3%-7.7%-5.0%
Q4 2016-0.7%+0.5%+3.1%
Q3 2016-0.4%-2.0%-0.7%
Q2 2016+0.7%+0.8%-4.0%
Q1 2016+3.3%
Q4 2015-2.2%
Q3 2015+5.9%
Q2 2015-0.9%
Q1 2015+0.1%
Q4 2014-3.2%
Q3 2014+2.1%
Q2 2014+5.3%
Q1 2014+2.8%
Q4 2013+2.4%
Q3 2013+2.5%
Q2 2013-3.4%
Q1 2013+0.8%
Q4 2012-5.6%
Q3 2012-2.5%
Q2 2012+4.1%
Q1 2012+0.9%
Q4 2011-0.8%
Q3 2011-6.3%
Q2 2011-3.4%
Q1 2011+0.3%
Q4 2010-2.4%
Q3 2010+2.3%
Q3 2009+2.3%
Q4 2008+0.3%
Q2 2010+0.3%
Q1 2010+5.1%
Q4 2009+5.1%
Q1 2009+5.1%
Q2 2009+5.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro