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Kraft Heinz announced earnings per share of $0.8 on revenue of $6.94B. Analysts polled by Investing.com anticipated EPS of $0.734 on revenue of $6.82B.
Kraft Heinz shares are down 2% from the beginning of the year, still down 6.79% from its 52 week high of $36.36 set on August 17, 2020. They are under-performing the Nasdaq 100 which is up 5.95% from the start of the year.
Kraft Heinz’s report follows an earnings beat by Procter&Gamble on January 20, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.
Coca-Cola had beat expectations on Wednesday with fourth quarter EPS of $0.47 on revenue of $8.6B, compared to forecast for EPS of $0.4178 on revenue of $8.61B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
