For the quarter ended September 2024, Kraft Heinz (KHC) reported revenue of $6.38 billion, down 2.9% over the same period last year. EPS came in at $0.75, compared to $0.72 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.41 billion, representing a surprise of -0.38%. The company delivered an EPS surprise of +1.35%, with the consensus EPS estimate being $0.74.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Kraft Heinz (KHC) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.35%. A quarter ago, it was expected that this processed food company with dual headquarters in Pittsburgh and Chicago would post earnings of $0.73 per share when it actually produced earnings of $0.78, delivering a su ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

Exhibit 99.1 Contacts: Alex Abraham (media) Anne-Marie Megela (investors) Alex.Abraham@kraftheinz.com anne-marie.megela@kraftheinz.com KRAFT HEINZ REPORTS THIRD QUARTER 2024 RESULTS (1)(2) (1)(2) Narrows Full Year Outlook for Organic Net Sales , Adjusted Operating Income , and Adjusted EPS (1)(2) Third Quarter Highlights • Net sales decreased 2.8%; Organic Net Sales decreased 2.2% (1) (1) • Gross profit margin increased 20 basis points to 34.2%; Adjusted Gross Profit Margin increased 30 basis points to 34.3 ...

Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A), is celebrated for his ability to pick stocks with enduring growth potential. His portfolio is filled with stocks offering competitive advantages, making them ideal long-term investments. With his portfolio consistently outperforming the market, adopting Buffett's picks can provide any portfolio with a solid foundation. Among Buffett's holdings, two undervalued stocks, Occidental Petroleum (NYSE: OXY) and Kraft Heinz (NASDAQ: KHC), stand out as strateg ...

The upcoming report from Kraft Heinz (KHC) is expected to reveal quarterly earnings of $0.74 per share, indicating an increase of 2.8% compared to the year-ago period. Analysts forecast revenues of $6.42 billion, representing a decrease of 2.3% year over year. The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. ...

The Kraft Heinz Company (KHC) is likely to register a top-line decline when it reports third-quarter 2024 earnings on Oct. 30. The Zacks Consensus Estimate for revenues is pegged at $6.43 billion, suggesting a decrease of 2.2% from the prior-year quarter’s reported figure. However, the bottom line is likely to have increased year over year. The consensus mark for third-quarter earnings has remained unchanged in the past 30 days at 74 cents per share, indicating a rise of 2.8% from the figure reported in the ...

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Following the Federal Reserve's recent 50-basis-point rate cut, markets have surged to new all-time highs. With this shift, investors may find it an ideal time to rebalance their portfolios, reducing heavy exposure to growth and tech stocks. In a lower-rate environment, dividend-paying stocks, particularly those with high yields, become increasingly appealing. Below are two high-yield stocks that analysts see as having upside potential. Get AT&T alerts: Kraft Heinz: Iconic Brands With a 4.52% Dividend Yield ...

In the latest market close, Kraft Heinz (KHC) reached $34.61, with a +0.06% movement compared to the previous day. This change outpaced the S&P 500's 0.96% loss on the day. At the same time, the Dow lost 0.94%, and the tech-heavy Nasdaq lost 1.18%. Prior to today's trading, shares of the processed food company with dual headquarters in Pittsburgh and Chicago had lost 3.49% over the past month. This has lagged the Consumer Staples sector's loss of 2.88% and the S&P 500's gain of 4.3% in that time. The upcomi ...