Keurig Dr Pepper has booked fourth-quarter results that beat analyst estimates despite the US group recording a $718m impairment for the period. The Canada Dry owner exceeded market expectations in the period,

Shares of Keurig Dr Pepper Inc. KDP slipped 3.43% to $33.74 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.01% to 5,956.06 and the Dow Jones Industrial Average DJIA falling 0.43% to 43,433.12. The stock's fall snapped a six-day winning streak.

Keurig Dr Pepper (NASDAQ:KDP) traded higher in early action on Tuesday after the beverage company slipped past consensus estimates with its Q4 earnings report. Net sales in the U.S. refreshment segment increased 10.