The Kraft Heinz Company Profit Climbs 61% In Q1

(RTTNews) - The Kraft Heinz Company (KHC) revealed earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $896 million, or $0.73 per share. This was higher than $558 million, or $0.46 per share, in last year's first quarter.

The company said revenue for the quarter fell 3.8% to $6.57 billion. This was down from $6.83 billion last year.

The Kraft Heinz Company earnings at a glance:

-Earnings (Q1): $896 Mln. vs. $558 Mln. last year. -Earnings Growth (Y-o-Y): 60.6% -EPS (Q1): $0.73 vs. $0.46 last year. -EPS Growth (Y-o-Y): 58.7% -Revenue (Q1): $6.57 Bln vs. $6.83 Bln last year. -Revenue Change (Y-o-Y): -3.8%