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Kraft Foods 2Q Earnings Beat Estimates

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  • Description

    FBN’s Robert Gray breaks down Kraft Foods’ second-quarter earnings results.

  • Duration 0:54
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I'm Robert -- -- your Fox Business brief Kraft Foods missed estimates with its second quarter revenue while its earnings topped expectations.

The company says it's on track of its annual forecast of at least 9% operating earnings growth.

-- also said its plan to split into two public companies is on track to take effect October 1.

-- dancing a profit after hours trading after boosting its full year revenue forecast.

It reported second quarter revenue beat estimates -- earnings were in line.

Now bullish forecasts from Blue Nile has that stock jumping its second quarter earnings for the high end Internet jeweler were better than expected.

On the flip side zip car shares are -- after the company trimmed its full year outlook -- brought in fewer new members that anticipated during its second quarter.

That is the latest from the Fox Business Network giving you the power to prosper.

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