Keurig Dr Pepper Inc. reported its third-quarter earnings for 2024, revealing adjusted earnings per share (EPS) of $0.51, matching analyst expectations. However, the company's revenue of $3.9 billion fell slightly short of the estimated $3.92 billion. Net sales increased by 2.3% year-over-year, with a 3.1% rise on a constant currency basis, driven by a volume/mix growth of 3.5%. This was partially offset by a modestly unfavorable net price realization of 0.4%. Despite the earnings report, Keurig Dr Pepper's stock fell approximately 3.8% in pre-market trading, reflecting investor concerns, especially following the announcement of plans to acquire energy drink company Ghost for over $1 billion. CEO Tim Cofer expressed confidence in the company's trajectory, stating they remain on track to achieve their full-year goals.