For the quarter ended September 2024, Kraft Heinz KHC reported income of $6.38 billion, down 2.8% over the identical interval final 12 months. EPS got here in at $0.75, in comparison with $0.72 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $6.41 billion, representing a shock of -0.38%. The corporate delivered an EPS shock of +1.35%, with the consensus EPS estimate being $0.74.
Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders mission a inventory’s value efficiency extra precisely.
Right here is how Kraft Heinz carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Internet Revenues- Worldwide: $882 million in comparison with the $869.96 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -44% 12 months over 12 months.
- Internet Revenues- North America: $4.83 billion versus $4.86 billion estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -3.4% change.
- Internet sales-Rising Markets: $675 million in comparison with the $713.72 million common estimate based mostly on 4 analysts.
View all Key Company Metrics for Kraft Heinz here>>>
Shares of Kraft Heinz have returned -1.1% over the previous month versus the Zacks S&P 500 composite’s +1.8% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
(NOTE: We’re reissuing this text to appropriate an inaccuracy. The unique model, launched October 30. 2024, ought to now not be relied upon.)
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Kraft Heinz Company (KHC) : Free Stock Analysis Report
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