Kraft Heinz meets cost-cut target of $1.7 billion by 2017 end

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Kraft Heinz (KHC) Misses Q4 EPS by 5c, Miss on Revenues

February 16, 2018 7:06 AM EST

Kraft Heinz (NASDAQ: KHC) reported Q4 EPS of $0.90, $0.05 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $6.88 billion versus the consensus estimate of $6.92 billion.

Q4 net sales increased 0.3%; Organic Net Sales(1) decreased 0.6%Q4 net income attributable to common shareholders... More