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Stock impact report

Kraft Heinz (KHC) Increases Despite Market Slip: Here's What You Need to Know [Yahoo! Finance]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 1.97%. Meanwhile, the Dow lost 1.69%, and the Nasdaq, a tech-heavy index, lost 2.7%. The processed food company with dual headquarters in Pittsburgh and Chicago's shares have seen a decrease of 1.89% over the last month, not keeping up with the Consumer Staples sector's gain of 1.27% and outstripping the S&P 500's loss of 2.79%. Market participants will be closely following the financial results of Kraft Heinz in its upcoming release. In that report, analysts expect Kraft Heinz to post earnings of $0.60 per share. This would mark a year-over-year decline of 13.04%. Meanwhile, our latest consensus estimate is calling for revenue of $6 billion, down 6.49% from the prior-year quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $2.67 per share and revenue of $24.94 billion, which would represent changes of -12.75% and -3.5%, respectively, from the prior year. Furthermore, it would Show less Read more
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