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Text size [+][-]  Friday November 20 2009GLOBAL EDITION

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04 Nov 2009 08:29

Sweet tooth



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Kraft reported third-quarter profit of 55 cents a share on November 3, beating analysts’ estimates of 48 cents a share. Revenue was $9.8bn, missing the average analyst estimate of $10.2bn.

The company said that net organic growth would be 2% in 2009, down from a prior estimate of 3%. It expects earnings per share for the full year to be at least $1.97, up 4 cents from a previous forecast.

 

 



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