Kraft Heinz stock dropped more than the general market, with upcoming earnings report expectations

From Nasdaq: 2024-12-26 18:15:20

Kraft Heinz (KHC) closed at $30.55, down 0.29%, underperforming the S&P 500. The stock has dropped 4.04% in the past month, outperforming Consumer Staples but lagging the S&P 500. Analysts expect an EPS of $0.79 and revenue of $6.69 billion for the upcoming earnings report, with projected full-year earnings of $3.01 per share and $25.96 billion in revenue.

Investors are advised to keep an eye on Kraft Heinz’s valuation metrics, including a Forward P/E ratio of 10.19 and a PEG ratio of 3.6. The Food – Miscellaneous industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 161. The Zacks Rank model shows that estimate changes are correlated with stock prices, with KHC currently ranked #3 (Hold).

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Read more at Nasdaq: Kraft Heinz (KHC) Suffers a Larger Drop Than the General Market: Key Insights