Kraft Heinz earnings, Revenue beat in Q3

  • Investing.com
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Kraft Heinz earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - Kraft Heinz (NASDAQ: KHC ) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Kraft Heinz announced earnings per share of $0.65 on revenue of $6.32B. Analysts polled by Investing.com anticipated EPS of $0.5772 on revenue of $6.04B.

Kraft Heinz shares are up 5% from the beginning of the year and are trading at $36.44 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 20.73% year to date.

Kraft Heinz follows other major Consumer/Non-Cyclical sector earnings this month

Kraft Heinz's report follows an earnings beat by Procter&Gamble on Tuesday, October 19, 2021, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.

PepsiCo had beat expectations on Tuesday, October 5, 2021 with third quarter EPS of $1.79 on revenue of $20.19B, compared to forecast for EPS of $1.73 on revenue of $19.39B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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