Kraft Heinz Reports Fourth Quarter and Full Year 2023 Results

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Go back to Kraft Heinz Reports Fourth Quarter and Full Year 2023 Results

UBS on Kraft Heinz Company (KHC): 'Initial Reaction: Mixed'

February 14, 2024 8:07 AM EST

UBS analyst Cody Ross reiterated a Neutral rating and $39.00 price target on Kraft Heinz Company (NASDAQ: KHC).

The analyst comments "Based on our conversations with investors, sentiment heading into 4Q was mixed. There continued to be hope that KHC could potentially deliver/guide to FY24 EPS above Street, but with shares having performed... More

Deutsche Bank on Kraft Heinz Company (KHC): 'We view today's results as relatively disappointing'

February 14, 2024 8:06 AM EST

Deutsche Bank analyst Steve Powers reiterated a Buy rating and $42.00 price target on Kraft Heinz Company (NASDAQ: KHC).

The analyst comments "We view today's results as relatively disappointing. Although FY24 estimates are unlikely to move materially based on guidance, FY4Q organic sales (-0.7% vs.... More

Kraft Heinz (KHC) Tops Q4 EPS by 1c, Revenue Light, Offers Guidance

February 14, 2024 7:02 AM EST

Kraft Heinz (NASDAQ: KHC) reported Q4 EPS of $0.78, $0.01 better than the analyst estimate of $0.77. Revenue for the quarter came in at $6.9 billion versus the consensus estimate of $6.98 billion.

GUIDANCE:

Kraft Heinz sees FY2024 EPS of $3.01-$3.07, versus the consensus... More