Published on 25 Jan 2022 on Zacks via Yahoo Finance
Kraft Heinz (KHC) Stock Moves -0.49%: What You Should Know
Kraft Heinz (KHC) closed at $36.21 in the latest trading session, marking a -0.49% move from the prior day. This change was narrower than the S&P 500's 1.22% loss on the day. Meanwhile, the Dow lost 0.19%, and the Nasdaq, a tech-heavy index, lost 0.53%.
Prior to today's trading, shares of the maker of Oscar Mayer meats, Jell-O pudding and Velveeta cheese had gained 2.71% over the past month. This has outpaced the Consumer Staples sector's gain of 0.36% and the S&P 500's loss of 6.58% in that time.
Investors will be hoping for strength from Kraft Heinz as it approaches its next earnings release, which is expected to be February 16, 2022. In that report, analysts expect Kraft Heinz to post earnings of $0.63 per share. This would mark a year-over-year decline of 21.25%. Our most recent consensus estimate is calling for quarterly revenue of $6.59 billion, down 5.03% from the year-ago period.