Kraft Heinz Q1 Adj. EPS $0.72 Beats $0.59 Estimate, Sales $6.39B Beat $6.24B Estimate; Reaffirms Guidance

Kraft Heinz (NASDAQ:KHC) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.59 by 22.03 percent. This is a 24.14 percent increase over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $6.39 billion which beat the analyst consensus estimate of $6.24 billion by 2.47 percent. This is a 3.85 percent increase over sales of $6.16 billion the same period last year.