Preview: Kraft Heinz's Earnings
Portfolio Pulse from Benzinga Insights
Kraft Heinz (NASDAQ:KHC) is scheduled to release its quarterly earnings report on February 14, 2024, with analysts predicting an EPS of $0.77. The company's past performance shows a mix of earnings beats and misses, with the stock price reacting accordingly. Shares are currently trading at $36.36, down 10% over the last year. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock price.
February 13, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Kraft Heinz is anticipated to report an EPS of $0.77 for the upcoming quarter. Historical data shows its stock price is sensitive to earnings performance and guidance. Currently trading at $36.36, down 10% over the last year, the upcoming earnings report and future guidance are crucial for short-term price movement.
Given Kraft Heinz's history of stock price sensitivity to earnings performance and guidance, the upcoming report is highly relevant. The anticipation of positive guidance, coupled with a history of mixed earnings results, suggests potential for a positive short-term impact on KHC's stock price, especially considering the stock's current 10% YTD decline.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100