Kraft Heinz’s third-quarter earnings beat expectations, and revenues fell short of expectations by

© Reuters.Kraft Heinz’s third-quarter earnings were higher than expected, while revenues were lower than expected. – Kraft Heinz (NASDAQ:)’s third-quarter report beats analysts’ estimates, with income lower than expected, according to information released Wednesday.

Kraft Heinz’s earnings per share (EPS) were $0.72 on revenues of $6.57 billion (analyst consensus prepared by Expectations for the upcoming release were previously set at $0.66 per share on revenues of $6.72 billion.

In addition to Kraft Heinz, there are other companies. In the non-cyclical consumer goods sector of the stock market, Nasdaq Markets announces its earnings this month

Procter & Gamble previously reported first-quarter earnings of $1.83 per share on revenue of $21.9 billion, versus estimates of $1.72 on revenue of $21.57 billion.

Meanwhile, Coca-Cola’s recent performance exceeded analysts’ expectations. Third-quarter earnings were $0.74 per share on revenue of $12 billion, beating analyst estimates for 2020. We expect EPS of about $0.7 on revenue of $11.44 billion.

Follow the latest developments in the company’s earnings via the earnings calendar

Leave a Reply

Your email address will not be published. Required fields are marked *