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The Kraft Heinz Company (KHC) released a profit for its first quarter that climbed from last year.


RTTNews | Apr 29, 2021 07:39AM EDT

07:39 Thursday, April 29, 2021 (RTTNews.com) - The Kraft Heinz Company (KHC) released a profit for its first quarter that climbed from last year.

The company's bottom line totaled $563 million, or $0.46 per share. This compares with $378 million, or $0.31 per share, in last year's first quarter.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.7% to $6.39 billion from $6.16 billion last year.

The Kraft Heinz Company earnings at a glance:

-Earnings (Q1): $563 Mln. vs. $378 Mln. last year.-EPS (Q1): $0.46 vs. $0.31 last year.-Analysts Estimate: $0.59-Revenue (Q1): $6.39 Bln vs. $6.16 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3189726/the-kraft-heinz-company-q1-earnings-rise.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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