The Kraft Heinz Company (NASDAQ: KHC) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 14, 2024.
The Chicago-based food company is expected to report quarterly earnings at 77 cents per share, versus year-ago earnings of 85 cents per share, with revenue hovering at around $6.9 billion, compared to $7.38 billion in the year-earlier quarter, according to data from Benzinga Pro.
Citigroup analyst Thomas Palmer recently initiated coverage on Kraft Heinz with a Buy rating and announced a price target of $43.
In November, the Kraft Heinz board approved a repurchase program for up to $3 billion of shares through Dec. 26, 2026.
With the recent buzz around Kraft Heinz, some investors may be eyeing potential gains from the company’s dividends too. As of now, …