King of mayonnaise and ketchup, The Kraft Heinz Company, posted its fourth-quarter results Friday with net sales inching 0.3% up to $6.88 billion.
Net income attributable to common stockholders was $8 billion or $6.52 per share compared to $944 million or $0.77 per share a year ago, with this year’s results including a $6.67Bil or $5.73 per share benefit from the enactment of Tax Cuts and Jobs Act.
Missing market estimates, the condiment giant shares were down 0.3% pre-market on earnings day, and have fallen about 17% since last year.
Video game company Electronic Arts, Inc. (NASDAQ: EA) reported lower earnings and revenues for the fourth quarter of 2021. Earnings also missed analysts' forecast. During the March quarter, net bookings
Shares of Tyson Foods Inc. (NYSE: TSN) were in green territory during afternoon hours on Tuesday. The stock has gained 32% over the past 12 months and 23% since the
Space tourism company Virgin Galactic Holdings, Inc. (NYSE: SPCE) ended the first quarter of 2021 without generating revenue and continued the losing streak even as uncertainty over its test flight