Inside KRFT’s Results
The company reported a net loss of $398 million, or 68 cents per share, compared to net income of $931 million, or $1.54 per share, a year ago. Excluding special items, EPS was 75 cents, above analysts’ view of 73 cents.
Revenue increased to $4.70 billion from $4.60 billion. Analysts expected to see revenue of $4.63 billion.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.69%|
|VWINX||Vanguard Wellesley Income Fund||1.38%|
|SVAAX||Federated Strategic Value Dividend||1.09%|
The Bottom Line
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