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

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

Kraft Heinz posts fourth quarter earnings beat

February 14, 2024 7:09 AM EST

Investing.com -- Kraft Heinz Co (NASDAQ: KHC) has posted adjusted earnings per share in the fourth quarter of $0.78, just topping Bloomberg consensus expectations of $0.77, despite facing headwinds from recent price hikes that have dented demand for its packaged food items.

... More

Kraft Heinz forecasts slower annual sales growth on tepid demand

February 14, 2024 7:08 AM EST

By Savyata Mishra and Anuja Bharat Mistry

(Reuters) -Kraft Heinz forecast its annual core sales to grow at a slower pace, after posting a steeper-than-expected drop in quarterly sales, a sign that demand for its sauces and meat cold cuts would remain muted as customers digest past price hikes.

Shares of the company, known for its Kool-Aid drink mix, were down 5% on Wednesday, with several analysts calling the earnings report "underwhelming".

Kraft Heinz has... 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

Kraft Heinz (KHC) Declares $0.40 Quarterly Dividend; 4.4% Yield

February 14, 2024 7:01 AM EST

Kraft Heinz (NASDAQ: KHC) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.

The dividend will be payable on March 29, 2024, to stockholders of record on March 8, 2024, with an ex-dividend date of March 7, 2024.

The annual yield on the dividend is 4.4... More

Futures higher after Wall St slumps; Lyft's guidance error - what's moving markets

February 14, 2024 5:47 AM EST

Investing.com -- U.S. stock futures tick up after a negative day on Wall Street fueled by a hotter-than-predicted U.S. inflation data that led markets to recalibrate their bets on Federal Reserve interest rate cuts. Lyft (NASDAQ: LYFT) shares go for a bumpy ride following an erroneous press release from the ride-hailing group, while Sony (NYSE: SONY)... More

Kraft Heinz (KHC) February option implied volatility into quarter results

February 13, 2024 10:46 AM EST

Kraft Heinz (NASDAQ: KHC) February call option implied volatility is at 55, March is at 24; compared to its 52-week range of 13 to 29 into the expected release of quarter results before the bell on February 14.

... More

Kraft Heinz (KHC) February 37 straddle into quarter results

February 13, 2024 3:49 AM EST

Kraft Heinz (NASDAQ: KHC) February 37 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on February 14.

... More

Kraft Heinz (KHC) February 37 straddle into quarter results

February 13, 2024 3:45 AM EST

Kraft Heinz (NASDAQ: KHC) February 37 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on February 14.

... More

CME (CME) February 205 straddle into the expected release of quarter results

February 13, 2024 3:43 AM EST

CME (CME) February 205 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on February 14.

... More