HJ Heinz (HNZ) Beats Estimates By A Penny

HJ Heinz Company HNZ released financial results on Thursday morning that beat Wall Street earnings estimates by 1 cent but just missed revenue estimates. HJ Heinz Company reported that its fiscal 4th quarter earnings rose to $192.4 million, or 60 cents per share, up from $175.1 million, or 55 cents per share, a year earlier. The company's revenue rose 8.3% to $2.72 billion. According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 59 cents per share, on revenue of $2.75 billion.