Kraft Heinz (KHC) Tops Q2 EPS by 15c

Kraft Heinz (NASDAQ: KHC) reported Q2 EPS of $0.80, $0.15 better than the analyst estimate of $0.65. Revenue for the quarter came in at $6.65 billion versus the consensus estimate of $6.54 billion.

“Our response to the ongoing COVID-19 pandemic reflects the hard work and dedication of our remarkable employees around the world,” said Kraft Heinz CEO Miguel Patricio. "We are now starting to realize the benefits of agility and scale, while implementing changes across the Company to further drive agility, both internally and how we go to market. We believe this will be the key to returning the Company to sustainable long-term growth and profitability, and we look forward to providing greater details on these initiatives during our Investor Day in September.”

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

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