07:47 AM EDT, 10/30/2024 (MT Newswires) -- Kraft Heinz Company ( KHC ) reported fiscal Q3 adjusted earnings Wednesday of $0.75 per diluted share, up from $0.72 a year earlier.

Analysts polled by Capital IQ expected $0.74.

Net sales for the quarter ended Sept. 28 were $6.38 billion, down from $6.57 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.42 billion.

For fiscal 2024, the company said it continues to expect adjusted EPS in the range of $3.01 to $3.07. Analysts polled by Capital IQ expect $3.02.

Separately, Kraft Heinz ( KHC ) said its board maintained the quarterly dividend at $0.40 per share, payable Dec. 27 to shareholders as of Nov. 29.

Shares of the company were down 3.4% in recent Wednesday premarket activity.

Price: 35.00, Change: +0.20, Percent Change: +0.57