Kraft Foods Inc. (KFT) Tops Q2 EPS by 4c; Boosts FY11 EPS, Revs Growth Outlook

August 4, 2011 6:29 AM EDT
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Price: $42.52 --0%

Financial Fact:
Gross profit: 2.49B

Today's EPS Names:
SVBT, ZEO, OTLK, More
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Kraft Foods Inc. (NYSE: KFT) reported Q2 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $13.88 million versus the consensus estimate of $13.15 billion.

Kraft Foods Inc. raised FY2011 EPS to $2.20 to $2.25, versus the consensus of $2.24. increased its expectations for organic net revenue growth from at least 4 percent to at least 5 percent.


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