Kraft Heinz Reports Third Quarter 2020 Results

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Kraft Heinz (KHC) Tops Q3 EPS by 8c

October 29, 2020 7:11 AM EDT

Kraft Heinz (NASDAQ: KHC) reported Q3 EPS of $0.70, $0.08 better than the analyst estimate of $0.62. Revenue for the quarter came in at $6.44 billion versus the consensus estimate of $6.31 billion.

Outlook:

Based on performance to date, the Company believes mid-single-digit Organic Net Sales(3) growth... More