Kraft Heinz Earnings Up, Sales Slip
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Kraft Heinz reported its fourth-quarter results, with adjusted EPS of $0.84, surpassing expectations of $0.78. This was due to unexpected tax benefits and fewer outstanding shares, despite a slip in sales.
February 12, 2025 | 1:45 pm
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Kraft Heinz's Q4 earnings exceeded expectations with an EPS of $0.84, driven by tax benefits and a reduced share count, despite a decline in sales.
Kraft Heinz's better-than-expected EPS is a positive indicator for investors, likely boosting short-term stock prices. The earnings beat was due to tax benefits and fewer shares, which are significant factors for the company's financial health.
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