Kraft Heinz (NASDAQ:KHC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Kraft Heinz beat estimated earnings by 13.21%, reporting an EPS of $0.6 versus an estimate of $0.53.
Revenue was down $349.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 3.19% increase in the share price the next day.
Here's a look at Kraft Heinz's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.63 | 0.57 | 0.72 | 0.59 |
| EPS Actual | 0.79 | 0.65 | 0.78 | 0.72 |
| Revenue Estimate | 6.61B | 6.02B | 6.53B | 6.24B |
| Revenue Actual | 6.71B | 6.32B | 6.62B | 6.39B |
To track all earnings releases for Kraft Heinz visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
