From TokenPost · · 40s
Seven Consumer Staples Firms Boost Earnings
Seven of eight consumer staples firms reported year-over-year earnings growth.
In brief
Seven of eight consumer staples firms reported year-over-year earnings growth. Seven of eight consumer staples firms posted year-over-year earnings growth while six beat EPS estimates and six topped revenue forecasts. Originally reported by TokenPost.
Earnings Growth
Seven of eight consumer staples firms reported year-over-year earnings growth while six beat earnings-per-share estimates and six exceeded revenue forecasts.
Kraft Heinz Adjustments
Kraft Heinz increased its adjusted EPS forecast and reduced the projected decline in organic sales.
Archer Daniels Midland
Archer Daniels Midland increased its adjusted EPS outlook and lowered planned capital expenditures.
The bottom line
Seven of eight consumer staples firms posted year-over-year earnings growth while six beat EPS estimates and six topped revenue forecasts.
