Kraft Heinz (KHC) Tops Q1 EPS by 7c

Kraft Heinz (NASDAQ: KHC) reported Q1 EPS of $0.89, $0.07 better than the analyst estimate of $0.82. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $6.32 billion.

“Our first-quarter results were consistent with, if not slightly better than, the expectations we expressed in February,” said Kraft Heinz CEO Bernardo Hees. “The initial successes we’re seeing in the marketplace, together with the strong investments we’re making in marketing, new product innovation, and capability-building, give us increased confidence in delivering the top- and bottom-line growth we expect in 2018.”

For earnings history and earnings-related data on Kraft Heinz (KHC) click here.

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