Kraft Heinz Serves Q3 Beat
26 Outubro 2022 - 11:18AM
TipRanks
Food and beverage products provider The Kraft Heinz Company
(NASDAQ:KHC) has reported better than expected numbers for the
third quarter. Revenue increased 2.8% year-over-year to $6.5
billion, outperforming estimates by $210 million. EPS at $0.63 too,
came in ahead of expectations by $0.07. Looking ahead, the company
expects a strong performance for 2022 and has reiterated its
projection of a high single-digit growth in net sales. Adjusted
EBITDA is seen landing between $5.9 billion and $6 billion. This is
an upward revision to the lower end over the previous estimate in
the range of $5.8 billion and $6 billion. Moreover, the company has
also declared a $0.40 quarterly dividend.
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