Earnings Outlook For Kraft Heinz
Portfolio Pulse from Benzinga Insights
Kraft Heinz (NASDAQ:KHC) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.62. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $31.62, down 17.55% over the last 52-week period.
October 31, 2023 | 5:01 pm
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Kraft Heinz is expected to report an EPS of $0.62 for Q3 2023. The stock has been down 17.55% over the past year, which may concern long-term shareholders.
The upcoming earnings report is a significant event for Kraft Heinz. However, the stock's performance has been negative over the past year, which could influence investor sentiment. The impact of the earnings report on the stock price will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for future quarters.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100