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.
Thermo Fisher Scientific Inc. (NYSE: TMO) announced fourth-quarter 2022 financial results, reporting a double-digit fall in adjusted earnings and an increase in revenues. Fourth-quarter revenues increased 7% annually to $11.5
Altria Group Inc. (NYSE: MO) reported fourth quarter 2022 earnings results today. Net revenues decreased 2.3% year-over-year to $6.1 billion. Net earnings attributable to Altria increased 65.6% to $2.6 billion
Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported a decline in fourth-quarter earnings, despite an increase in revenues. Earnings, excluding special items, dropped to $0.69 per share in the