Kraft Heinz Q3 Adj. EPS $0.72 vs $0.66 Est.
Portfolio Pulse from Benzinga Newsdesk
Kraft Heinz reported its Q3 adjusted EPS at $0.72, beating the estimated $0.66.
November 01, 2023 | 11:00 am
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Kraft Heinz's Q3 adjusted EPS of $0.72 surpassed the estimated $0.66, indicating a better-than-expected performance.
Earnings per share (EPS) is a key indicator of a company's profitability. Kraft Heinz's higher-than-expected Q3 EPS suggests strong performance, which is likely to positively impact investor sentiment and potentially drive up the company's stock price in the short term.
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RELEVANCE 100