The Kraft Heinz Company (KHC) reported earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $757 million, or $0.61 per share. This compares with $890 million, or $0.72 per share, in last year's fourth quarter.
Excluding items, The Kraft Heinz Company reported adjusted earnings of $964 million or $0.78 per share for the period.
Analysts on average had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 7.0% to $6.86 billion from $7.38 billion last year.
The Kraft Heinz Company earnings at a glance (GAAP) :
-Earnings (Q4): $757 Mln. vs. $890 Mln. last year.-EPS (Q4): $0.61 vs. $0.72 last year.-Analyst Estimates: $0.77-Revenue (Q4): $6.86 Bln vs. $7.38 Bln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.