Kraft Foods Inc reported a higher quarterly profit in line with Wall Street estimates on Tuesday, citing revenue growth and cost cuts.

The maker of Oreo cookies, Cadbury chocolate and Oscar Mayer lunch meat said net income was $830 million, or 47 cents per share, in the fourth quarter, up from $540 million, or 31 cents per share, a year earlier.

Excluding items, earnings were 57 cents per share, in line with the analysts' average estimate, according to Thomson Reuters I/B/E/S.

Revenue was $14.7 billion, up 6.6 percent.

Kraft forecast 2012 net revenue growth of about 5 percent, including a hit of up to one percentage point from product pruning in North America.

The company said it expected operating earnings to rise at least 9 percent on a constant currency basis, reflecting a higher tax rate and a 4 percentage point hit from higher pension costs.

(Reporting by Martinne Geller in Boca Raton, Florida; Editing by Lisa Von Ahn)