Published on 4 May 2024 on Simply Wall St. via Yahoo Finance
The Kraft Heinz Company (NASDAQ:KHC) Just Released Its First-Quarter Earnings: Here's What Analysts...
Last week, you might have seen that The Kraft Heinz Company (NASDAQ:KHC) released its quarterly result to the market. The early response was not positive, with shares down 4.7% to US$36.35 in the past week. Revenues of US$6.4b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at US$0.66, missing estimates by 4.3%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Kraft Heinz after the latest results.
View our latest analysis for Kraft Heinz
