Kraft Heinz (KHC) Tops Q2 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Goldman Sachs Upgrades Kraft Heinz Company (KHC) to Neutral
July 27, 2022 4:28 PM EDTGoldman Sachs analyst Jason English upgraded Kraft Heinz Company (NASDAQ: KHC) from Sell to Neutral with a price target of $37.00.
The analyst comments "KHC reported a roughly in-line quarter with organic sales beating while gross margins missed, as has been the common pattern in Food this quarter. As a result, it raised its full year sales outlook, while keeping EBITDA... More
Kraft Heinz (KHC) Stock Tumbles But Results 'As Expected' State Analysts
July 27, 2022 1:36 PM EDTKraft Heinz (NASDAQ: KHC) shares are down Wednesday after it reported earnings for its latest quarter before the open.
Despite topping estimates, posting second-quarter earnings of $0.70 per share, $0.02 better than the analyst estimate of $0.68, its shares have tumbled more than 7%. Revenue for the quarter also beat estimates, coming in at $6.6 billion versus the $6.38 billion expected.
However, EBITDA of $1.52 billion... More
