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Market Impact: 0.35

Kraft Heinz (KHC) Surpasses Q1 Earnings and Revenue Estimates

KHC
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Kraft Heinz reported quarterly EPS of $0.58, beating the Zacks Consensus Estimate of $0.50 by $0.08 per share. Earnings were below the $0.62 earned in the prior-year quarter, but the headline beat is a modest positive for the stock. The update is primarily an earnings and expectations story with limited broader market impact.

Analysis

Kraft Heinz reported quarterly EPS of $0.58, beating the Zacks Consensus Estimate of $0.50 by $0.08 per share. Earnings were below the $0.62 earned in the prior-year quarter, but the headline beat is a modest positive for the stock. The update is primarily an earnings and expectations story with limited broader market impact.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

KHC0.45