The Kraft Heinz Company Q1 adjusted earnings Beat Estimates

(RTTNews) - The Kraft Heinz Company (KHC) reported a profit for its first quarter that rose from the same period last year.

The company's earnings came in at $993 million, or $0.81 per share. This compares with $893 million, or $0.73 per share, in last year's first quarter.

Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.3% to $6.30 billion from $6.32 billion last year.

The Kraft Heinz Company earnings at a glance:

-EPS (Q1): $0.89 vs. $0.84 last year. -Analysts Estimate: $0.82 -Revenue (Q1): $6.30 Bln vs. $6.32 Bln last year.