Cents and Year

eps: Kraft Heinz KHC, -0.79% said net income more than halved to 854 million, or 70 cents per share, in the six-month period, from 1.76 billion, or 1.43 per share in the same period last year, according to Market Watch. Adjusted EPS was 1.44 compared with 1.89 last year. The company also announced that it would not meet the deadline for filing its 10-Q with the Securities and Exchange Commission. Sales of 12.37 billion were down 4.8% from 12.99 billion in 2018. Adjusted EPS came to 78 cents, ahead of the current Fact Set consensus of 75 cents. For the second quarter, the company had EPS of 37 cents, down from 62 cents a year ago. (news.financializer.com). As reported in the news.

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