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Kraft Heinz announced earnings per share of $0.8 on revenue of $6.65B. Analysts polled by Investing.com anticipated EPS of $0.64 on revenue of $6.52B.
Kraft Heinz shares are up 10% from the beginning of the year , still down 0.81% from its 52 week high of $35.86 set on July 29. They are outperforming the S&P 500 which is up 0.86% from the start of the year.
Kraft Heinz’s report follows an earnings beat by Procter&Gamble on Thursday, who reported EPS of $1.16 on revenue of $17.70B, compared to forecasts EPS of $1.01 on revenue of $16.96B.
Coca-Cola had beat expectations on July 21 with second quarter EPS of $0.42 on revenue of $7.2B, compared to forecast for EPS of $0.4 on revenue of $7.21B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
