Kraft Heinz (KHC) Tops Q3 EPS by 8c

Kraft Heinz (NASDAQ: KHC) reported Q3 EPS of $0.70, $0.08 better than the analyst estimate of $0.62. Revenue for the quarter came in at $6.44 billion versus the consensus estimate of $6.31 billion.

Outlook:

Based on performance to date, the Company believes mid-single-digit Organic Net Sales(3) growth and high-single-digit Constant Currency Adjusted EBITDA(3) growth versus the prior year period are reasonable expectations for fourth-quarter performance. This would result in mid-single-digit Organic Net Sales(3) growth and high-single-digit Constant Currency Adjusted EBITDA(3) growth for the full year.

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

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