Kraft Heinz Stock Hits Lows Despite Q3 Earnings Beat – What’s Next for KHC?
Kraft Heinz beat Q3 profit forecasts with adjusted earnings of $0.61 per share, but revenue fell 2% to $6.24 billion, missing estimates. The company lowered its 2025 earnings outlook and plans to split into two firms by late 2026. Shares trade near a 52-week low, yielding 6.4%. Analyst sentiment remains cautious despite some upgrades.