Kraft Foods Inc. (KFT) Reports In-Line Q4 EPS; Revs Light; Guides FY12 Growth
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Financial Fact:
Selling, general and administrative expenses: 1.55B
Today's EPS Names:
OTLK, EGRX, MOVE, More
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Kraft Foods Inc. (NYSE: KFT) reported Q4 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $14.69 billion versus the consensus estimate of $14.79 billion.
In 2012, Kraft Foods expects to deliver Organic Net Revenue growth of approximately 5 percent, including a negative impact of up to one percentage point from product pruning in North America. Operating EPS is expected to grow at least 9 percent on a constant currency basis, despite a higher effective tax rate and a 4 percentage point headwind from higher pension costs.
For earnings history and earnings-related data on Kraft Foods Inc. (KFT) click here.
In 2012, Kraft Foods expects to deliver Organic Net Revenue growth of approximately 5 percent, including a negative impact of up to one percentage point from product pruning in North America. Operating EPS is expected to grow at least 9 percent on a constant currency basis, despite a higher effective tax rate and a 4 percentage point headwind from higher pension costs.
For earnings history and earnings-related data on Kraft Foods Inc. (KFT) click here.
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