Kraft Heinz (KHC) Expected to Announce Quarterly Earnings on Tuesday

Kraft Heinz (NASDAQ:KHC - Get Free Report) will likely be issuing its Q1 2025 Prepared Remarks quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $6.02 billion for the quarter. Kraft Heinz has set its FY 2025 guidance at 2.630-2.740 EPS.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.06. Kraft Heinz had a net margin of 10.62% and a return on equity of 7.58%. On average, analysts expect Kraft Heinz to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kraft Heinz Trading Down 0.5 %

Kraft Heinz stock traded down $0.15 during trading on Friday, hitting $29.49. The company had a trading volume of 8,152,654 shares, compared to its average volume of 9,076,860. The stock has a market cap of $35.19 billion, a price-to-earnings ratio of 13.05, a price-to-earnings-growth ratio of 3.39 and a beta of 0.44. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.39. Kraft Heinz has a 1-year low of $27.25 and a 1-year high of $38.72. The company's 50 day simple moving average is $30.07 and its 200-day simple moving average is $30.92.

Kraft Heinz Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 7th were issued a $0.40 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.60 annualized dividend and a dividend yield of 5.43%. Kraft Heinz's dividend payout ratio is presently 70.80%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Kraft Heinz from $32.00 to $31.00 and set a "neutral" rating on the stock in a research report on Thursday, February 13th. TD Cowen dropped their price target on shares of Kraft Heinz from $34.00 to $32.00 and set a "hold" rating for the company in a research note on Wednesday, January 8th. Jefferies Financial Group reduced their price objective on Kraft Heinz from $34.00 to $30.00 and set a "hold" rating on the stock in a research note on Wednesday, January 29th. Mizuho downgraded Kraft Heinz from an "outperform" rating to a "neutral" rating and cut their price target for the stock from $38.00 to $31.00 in a report on Monday, February 10th. Finally, Wells Fargo & Company lowered their price objective on Kraft Heinz from $31.00 to $30.00 and set an "equal weight" rating for the company in a research report on Thursday, February 13th. Four investment analysts have rated the stock with a sell rating and fourteen have issued a hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $30.69.

Kraft Heinz Company Profile

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.