|Bid||36.38 x 800|
|Ask||36.39 x 1400|
|Day's range||36.11 - 37.19|
|52-week range||29.21 - 44.95|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||20.77|
|Earnings date||27 Oct 2021|
|Forward dividend & yield||1.60 (4.42%)|
|Ex-dividend date||31 Aug 2021|
|1y target est||40.81|
Kraft (KHC) delivered earnings and revenue surprises of 12.07% and 2.97%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Kraft were up about 2% in premarket trading after the Chicago-based company topped Wall Street estimates for third-quarter revenue and profit. Kraft said it expects strong pricing in the first half of 2022 to offset the escalating inflation, as at-home dining trends, which emerged during the pandemic, hold up despite the reopening of dine-in restaurants and bars.
PITTSBURGH & CHICAGO, October 27, 2021--The Kraft Heinz Company (Nasdaq: KHC) announced today that the Company’s Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 17, 2021, to stockholders of record as of Nov. 26, 2021.