Keurig Dr Pepper, Inc. (KDP) CEO Robert Gamgort on Q3 2021 Results - Earnings Call Transcript

Oct. 28, 2021 4:16 PM ETKeurig Dr Pepper Inc. (KDP) StockKDP
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Q3: 2021-10-28 Earnings Summary

EPS of $0.44 misses by $0.00
 | Revenue of $3.25B (7.62% Y/Y) beats by $90.96M

Keurig Dr Pepper, Inc. (NASDAQ:KDP) Q3 2021 Earnings Conference Call October 28, 2021 8:00 AM ET

Company Participants

Steve Alexander - Senior Director of Investor Relations
Robert Gamgort - Chairman and Chief Executive Officer
Ozan Dokmecioglu - Chief Financial Officer and President, International

Conference Call Participants

Bonnie Herzog - Goldman Sachs
Chris Carey - Wells Fargo
Peter Galbo - Bank of America Merrill Lynch
Andrea Teixeira - JP Morgan
Kevin Grundy - Jefferies & Company
Brett Cooper - Consumer Edge Research
Lauren Lieberman - Barclays Capital
Sean King - UBS
Laurent Grandet - Guggenheim Securities
Dara Mohsenian - Morgan Stanley
Robert Ottenstein - Evercore ISI Group

Operator

Good morning, ladies and gentlemen. And thank you for standing by. Welcome to Keurig Dr Pepper's Earnings Call for Third Quarter of 2021. This conference call is being recorded, and there will be a question-and-answer session at the end of the call.

I would now like to introduce Keurig Dr Pepper's Senior Director of Investor Relations, Mr. Steve Alexander. Mr. Alexander, please go ahead.

Steve Alexander

Thank you. And hello, everyone. Thanks for joining us. Earlier this morning, we issued our press release for the third quarter of 2021. If you need a copy, you can get one on our website in the Investors section.

Consistent with previous quarters, today, we will be discussing our performance on an adjusted basis excluding items affecting comparability. The company believes that the adjusted basis provides investors with additional insight into our business and operating performance trends. While the exclusion of items affecting comparability is not in accordance with GAAP, we believe that the adjusted basis provides a meaningful comparison and an appropriate basis for discussion of our performance. Details of the excluded items are provided in the reconciliation tables included in our press release and our 10-Q, which will be filed later today.

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