Kraft Heinz: Q1 Earnings Insights

Kraft Heinz KHC reported its Q1 earnings results on Wednesday, April 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Kraft Heinz beat estimated earnings by 13.21%, reporting an EPS of $0.6 versus an estimate of $0.53.

Revenue was down $349.00 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 3.19% increase in the share price the next day.

Here's a look at Kraft Heinz's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.63	0.57	0.72	0.59
EPS Actual	0.79	0.65	0.78	0.72
Revenue Estimate	6.61B	6.02B	6.53B	6.24B
Revenue Actual	6.71B	6.32B	6.62B	6.39B

To track all earnings releases for Kraft Heinz visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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