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Kraft Heinz Co. (KHC) Is Rising After Q1 Profit Exceeded Expectations

Kraft Heinz Co. (KHC) reported first quarter adjusted EPS of $0.89 after the bell Wednesday, up from $0.84 in the prior year period. Analysts expected EPS of $0.82. The stock is now up 2.80 on 225K shares.

Kraft Heinz traded to the downside for the majority of Wednesday's session and closed lower by 1.50 at $54.20 on above average volume. The stock has been declining for the past 2 weeks and sank to a new low for the year.

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