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Kraft Heinz beats market expectations for both Q3 net income and revenue

Associated Press +11 · ·by G4L

KHC Kraft Heinz Co
$24.24 -0.74%
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SBUX +0.47% KDP +1.76%SJM SJM +0.26%
  1. 1Kraft Heinz recorded a Q3 net income of $544 million.
  2. 2Kraft Heinz's Q3 earnings per share of 46 cents exceeded the average Q3 estimate of 43 cents from 8 analysts surveyed by Zacks Investment Research.
  3. 3Kraft Heinz reported revenue of $6.12 billion.

So what's the key point?

What is the main point? Kraft Heinz earned more money in the third quarter than experts expected. Earnings per share reached 46 cents, surpassing expectations.

Source Associated Press +11 · View original ↗

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