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Kraft Heinz Earnings, Income Beat in Q1 By Investing.com 



© Reuters. Kraft Heinz Earnings, Income Beat in Q1

Investing.com – Kraft Heinz (NASDAQ:) reported on Thursday first quarter that beat analysts’ forecasts and income that topped expectations.

Kraft Heinz introduced earnings per share of $0.72 on income of $6.39B. Analysts polled by Investing.com anticipated EPS of $0.5975 on income of $6.25B.

Kraft Heinz shares are up 15% from the start of the yr, nonetheless down 3.60% from its 52 week excessive of $41.62 set on April 21. They’re outperforming the Nasdaq which is up 9.02% from the beginning of the yr.

Kraft Heinz follows different main Shopper/Non-Cyclical sector earnings this month

Kraft Heinz’s report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of $1.26 on income of $18.11B, in comparison with forecasts EPS of $1.19 on income of $17.96B.

Coca-Cola had beat expectations on April 19 with first quarter EPS of $0.55 on income of $9B, in comparison with forecast for EPS of $0.5039 on income of $8.68B.

Keep up-to-date on the entire upcoming earnings stories by visiting Investing.com’s earnings calendar

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