Kraft Heinz (KHC) Tops Q2 EPS by 4c; cuts guidance

Kraft Heinz (NASDAQ: KHC) reported Q2 EPS of $0.78, $0.04 better than the analyst estimate of $0.74. Revenue for the quarter came in at $6.48 billion versus the consensus estimate of $6.56 billion.

GUIDANCE:

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

Organic Net Sales to be down 2 percent to flat versus the prior year, compared to the previous expectation of 0 to 2 percent growth.

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

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