Kraft Heinz Co. shares surged in the extended session Wednesday after the food company's earnings topped Wall Street estimates. Kraft Heinz shares rallied 5.3% after hours, following a 2.7% decline to close at $54.20 in the regular session. The company reported first-quarter net income of $993 million, or 81 cents a share, compared with $893 million, or 73 cents a share, in the year-ago period. Adjusted earnings were 89 cents a share. Revenue slipped to $6.3 billion from $6.32 billion in the year-ago period. Analysts surveyed by FactSet had estimated 81 cents a share on revenue of $6.31 billion.