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The Kraft Heinz Company Q2 adjusted earnings Beat Estimates

The Kraft Heinz Company (KHC) released earnings for second quarter that declined from the same period last year.

The company's earnings totaled $0.41 billion, or $0.33 per share. This compares with $1.00 billion, or $0.82 per share, in last year's second quarter.

Analysts had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.4% to $5.96 billion from $6.30 billion last year.

The Kraft Heinz Company earnings at a glance:

-EPS (Q2): $0.66 vs. $0.90 last year.
-Analysts Estimate: $0.61
-Revenue (Q2): $5.96 Bln vs. $6.30 Bln last year.

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