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Keurig Dr Pepper Inc. Q4 adjusted earnings Miss Estimates

Keurig Dr Pepper Inc. (KDP) released earnings for its fourth quarter that climbed from the same period last year.

The company's bottom line came in at $428 million, or $0.30 per share. This compares with $406 million, or $0.29 per share, in last year's fourth quarter.

Excluding items, Keurig Dr Pepper Inc. reported adjusted earnings of $554 million or $0.39 per share for the period.

Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.5% to $3.12 billion from $2.93 billion last year.

Keurig Dr Pepper Inc. earnings at a glance:

-Earnings (Q4): $554 Mln. vs. $491 Mln. last year.
-EPS (Q4): $0.39 vs. $0.35 last year.
-Analysts Estimate: $0.40
-Revenue (Q4): $3.12 Bln vs. $2.93 Bln last year.

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