Kraft Heinz Earnings, Revenue beat in Q1 By Investing.com

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Kraft Heinz Earnings, Revenue beat in Q1

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Kraft Heinz Earnings, Revenue beat in Q1

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Investing.com - Kraft Heinz (NASDAQ:KHC) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Kraft Heinz announced earnings per share of $0.72 on revenue of $6.39B. Analysts polled by Investing.com anticipated EPS of $0.5975 on revenue of $6.25B.

Kraft Heinz shares are up 15% from the beginning of the year and are trading at $40.12 , down-from-52-week-high.They are outperforming the Nasdaq which is up 9.02% from the start of the year.

Kraft Heinz follows other major Consumer/Non-Cyclical sector earnings this month

Kraft Heinz's report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of $1.26 on revenue of $18.11B, compared to forecasts EPS of $1.19 on revenue of $17.96B.

Coca-Cola had beat expectations on April 19 with first quarter EPS of $0.55 on revenue of $9B, compared to forecast for EPS of $0.5039 on revenue of $8.68B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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