Kraft (KFT): Q2 EPS of $0.62 beats by $0.04. Revenue of $13.9B (+13.3% Y/Y) beats by $0.75B....

Kraft (KFT): Q2 EPS of $0.62 beats by $0.04. Revenue of $13.9B (+13.3% Y/Y) beats by $0.75B. Lifts 2011 outlook: Sees op. EPS of at least $2.25, up from prior guidance of at least $2.20, and organic net revenue growth of at least 5%, up from at least 4%. Shares +2.3%. (PR)