About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Kraft Heinz (KHC) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.30%. A quarter ago, it was expected that this the processed food company with dual headquarters in Pittsburgh and Chicago would post earnings of $0.66 per share when it actually produced earnings of $0.72, delivering ...

Shares of Kraft Heinz Co. KHC were little changed premarket trading Wednesday, food, condiment and beverage company topped fourth-quarter profit expectations but fell short on sales, as volume fell more than prices increased. Net income declined to $757 million, or 61 cents a share, from $890 million, or 72 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 78 cents was above the FactSet consensus of 77 cents. Sales declined 7.1% to $6.86 billion, below the F ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) announced today that the Company’s Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on March 29, 2024, to stockholders of record as of March 8, 2024. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2023 net sales of approx ...

The Kraft Heinz Company (KHC) is likely to register top and bottom-line decline when it reports fourth-quarter 2023 earnings on Feb 14. The Zacks Consensus Estimate for quarterly revenues is pegged at $7 billion, indicating a decline of 5.6% from the prior-year quarter’s reported figure. The consensus mark for 2023 revenues is pinned at $26.8 billion, implying growth of 1% from the year-ago period’s reported actuals.The Zacks Consensus Estimate for quarterly earnings has moved down 9.4% to 77 cents per shar ...

The latest trading session saw Kraft Heinz (KHC) ending at $35.94, denoting a -1.45% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, added 1.25%.The the processed food company with dual headquarters in Pittsburgh and Chicago's stock has dropped by 2.95% in the past month, falling short of the Consumer Staples sector's gain of 0.93% and the S&P 500's gain of 5.07%.The in ...

Wall Street analysts expect Kraft Heinz (KHC) to post quarterly earnings of $0.77 per share in its upcoming report, which indicates a year-over-year decline of 9.4%. Revenues are expected to be $6.97 billion, down 5.6% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timefram ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Kraft Heinz (KHC) , which belongs to the Zacks Food - Miscellaneous industry.This the processed food company with dual headquarters in Pittsburgh and Chicago has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.92%.For the last report ...

The most recent trading session ended with Kraft Heinz (KHC) standing at $37.21, reflecting a -0.03% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.23% for the day. Meanwhile, the Dow experienced a rise of 0.37%, and the technology-dominated Nasdaq saw an increase of 0.07%.Prior to today's trading, shares of the the processed food company with dual headquarters in Pittsburgh and Chicago had lost 2.69% over the past month. This has lagged the ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Today, the Crystal Light® brand debuts three innovative additions to its portfolio for the first time in over a decade with the launch of Mixology, Immunity and Energy product lines. As the leader in the powdered beverage category for over 40 years, Crystal Light also unveils a new logo, marking a bold refresh that redefines itself as the go-to for zero-sugar, low calorie refreshment that tastes great. The new product lines – Mixology, Immunity and Energy – offer an el ...