Kraft Heinz (NASDAQ:KHC) announced its quarterly earnings data on Thursday. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.15, MarketWatch Earnings reports. Kraft Heinz had a positive return on equity of 6.68% and a negative net margin of 0.76%. The company had revenue of $6.65 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the prior year, the firm earned $0.78 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year.
Shares of NASDAQ KHC traded down $0.01 during mid-day trading on Friday, reaching $34.38. The company had a trading volume of 11,209,466 shares, compared to its average volume of 5,762,332. Kraft Heinz has a twelve month low of $19.99 and a twelve month high of $35.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.12 and a current ratio of 1.09. The stock has a market capitalization of $42.01 billion, a PE ratio of -229.20, a price-to-earnings-growth ratio of 2.36 and a beta of 1.01. The stock’s 50 day moving average is $32.93 and its 200-day moving average is $29.36.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, August 28th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date is Thursday, August 27th. Kraft Heinz’s dividend payout ratio (DPR) is presently 56.14%.
About Kraft Heinz
The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Classico, Plasmon, Pudliszki, Honig, HP, Benedicta, ABC, Master, Quero, Golden Circle, Wattie's, Glucon D, and Complan names.
Featured Story: How to invest using market indexes
Receive News & Ratings for Kraft Heinz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kraft Heinz and related companies with MarketBeat.com's FREE daily email newsletter.