The Kraft Heinz Company (NASDAQ: KHC) has announced that it will be releasing its financial results for the third quarter of 2024 on Wednesday 30th October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
The latest projections from financial analysts on Wall Street suggest that the company is likely to reveal an estimated $0.74 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $6.42 billion for the period.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.72. This was attributed to the company's total revenue, which amounted to an impressive $6.57 billion during that same period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $26.16 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $3.02 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.78 | -1.3% | 6.48 B | -3.6% |
| Q1 2024 | $0.69 | +1.5% | 6.41 B | -1.2% |
| Q4 2023 | $0.78 | -8.2% | 6.86 B | -7.1% |
| Q3 2023 | $0.72 | +14.3% | 6.57 B | +1.0% |
| Q2 2023 | $0.79 | +12.9% | 6.72 B | +2.5% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 09:00 AM eastern time to discuss Q3 financial results.
The Kraft Heinz Company (KHC) experienced a trading range of $34.86 to $35.17, along with a total volume of 7.06 million shares during the day. The stock concluded Monday's regular trading session at $35.13, marking a rise of 1.12 percent.
