Kraft Foods Group Inc Raises FY 2013 EPS Guidance

Thursday, 1 Aug 2013 04:00pm EDT 

Kraft Foods Group Inc announced that it is updated its guidance for fiscal 2013, including organic net revenue growth expected to be in line with or slightly lower than the growth of the North American food and beverage marketand EPS of approximately $3.40, versus approximately $2.75 previously. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.78 for fiscal 2013.