Kraft Cooks Up Stronger Earnings But Guidance Light
Posted on November 07, 2012 at 15:00 PM EST
Macaroni and cheese maker Kraft Foods Group (KRFT) reported stronger-than-expected results and reaffirmed full-year guidance in its first report as an independent company. Kraft said earnings climbed 13% to 79 cents per share, 10 cents over the consensus of analysts surveyed by Thomson Reuters. Revenue climbed 3% to $4.61 billion, ahead of analyst forecasts. The company, whose brands include Oscar Mayer, Miracle Whip and Velveeta, said revenue in
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here