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The Kraft Heinz Company (KHC) announced a profit for its fourth quarter that climbed from the same period last year.


RTTNews | Feb 11, 2021 07:09AM EST

07:09 Thursday, February 11, 2021 (RTTNews.com) - The Kraft Heinz Company (KHC) announced a profit for its fourth quarter that climbed from the same period last year.

The company's profit totaled $1.03 billion, or $0.84 per share. This compares with $0.18 billion, or $0.15 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.1% to $6.94 billion from $6.54 billion last year.

The Kraft Heinz Company earnings at a glance:

-EPS (Q4): $0.80 vs. $0.72 last year.-Analysts Estimate: $0.74-Revenue (Q4): $6.94 Bln vs. $6.54 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3169010/the-kraft-heinz-company-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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