Actionable news
0
All posts from Actionable news
Actionable news in KHC: THE KRAFT HEINZ COMPANY COMMON STOCK,

Kraft Heinz (KHC) Stock Spikes in After-Hours Trading on Q2 Earnings

NEW YORK (TheStreet) -- Shares of Kraft Heinz (KHC) were advancing in after-hours trading after the company posted better-than-expected 2016 second quarter earnings.

After Thursday's market close, the Pittsburgh-based food and beverage company reported adjusted earnings of 85 cents per diluted share, jumping 39.3% year-over-year and beating analysts' estimates of 72 cents per share.

Revenue was $6.79 billion for the quarter, which matched estimates. Revenue dropped 4.7% from the same period last year.

The company...


More