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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100