KHC Stock Recent News

Kraft Heinz (KHC) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.85 per share a year ago.

The Kraft Heinz Company NASDAQ: KHC Q4 report is not the stuff of legend but reveals several details income investors should heed. Among them are improving margins, favorable guidance, and cash flow, which suggests an inflection point is at hand for this consumer staple.

Shares of Kraft Heinz Co. KHC were little changed premarket trading Wednesday, food, condiment and beverage company topped fourth-quarter profit expectations but fell short on sales, as volume fell more than prices increased. Net income declined to $757 million, or 61 cents a share, from $890 million, or 72 cents a share, in the year-ago period.

Kraft Heinz's (KHC) fourth-quarter results are likely to reflect the adverse impact of inflationary headwinds. Also, rising SG&A costs are concerning.

Kraft Heinz (KHC) concluded the recent trading session at $35.94, signifying a -1.45% move from its prior day's close.

Get a deeper insight into the potential performance of Kraft Heinz (KHC) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Kraft Heinz (KHC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

In the closing of the recent trading day, Kraft Heinz (KHC) stood at $37.21, denoting a -0.03% change from the preceding trading day.

Coca-Cola's Freestyle machine allowed it to collect treasure troves of real consumer data. Kraft Heinz aims to make a similar move in 2024, hoping it will aid its own innovation pipeline.

Kraft Heinz (KHC) is benefiting from strength in its three key pillars, namely, Foodservice, Emerging Markets and U.S. Retail Grow platforms.