Kraft Heinz Exceeds Q3 Earnings Expectations and Raises FY2026 EPS Guidance
Kraft Heinz reported third-quarter non-GAAP earnings per share of $0.53, surpassing analyst estimates by $0.11. While revenue saw a year-over-year decline of 1.9% to $6.12 billion, the figure exceeded market consensus by approximately $30 million. Following these results, the company raised its full-year 2026 adjusted EPS guidance to a range of $2.07–$2.13, up from the previous projection of $2.03–$2.09. Despite the earnings beat, Kraft Heinz expects organic net sales to decline between 0.5% and 1.25%, slightly trailing consensus expectations.
Tickers: $KHC
Topics: earnings beat EPS guidance guidance raise revenue beat
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