Kraft Heinz Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Kraft Heinz (NASDAQ:KHC) is set to release its Q2 financial results on July 31. Analysts expect a decline in earnings per share and revenue compared to the previous year. Recent analyst ratings have varied, with some downgrades in price targets.
July 31, 2024 | 6:55 am
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Kraft Heinz is expected to report lower earnings and revenue for Q2 compared to the previous year. Recent analyst ratings have shown mixed sentiment, with some downgrades in price targets.
The expected decline in earnings and revenue, along with mixed analyst ratings and downgrades in price targets, suggests a negative short-term impact on Kraft Heinz's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100