Kellogg Co

NYSE:K   3:59:58 PM EDT
75.91
+0.06 (+0.08%)
Positive Earnings Pre-Announcement

Kellogg Reports Quarterly Diluted Earnings Per Share Of $0.95

Published: 08/04/2022 13:12 GMT
Kellogg Co (K) - Qtrly Reported Diluted Earnings per Share $ 0.95.
Qtrly Adjusted Diluted Earnings per Share $ 1.18.
Qtrly Reported Net Sales $ 3,864 Million Versus $ 3,555 Million.
Qtrly Organic Net Sales $ 3,989 Million Versus $ 3,555 Million.
For FY Raises Its Guidance for Organic-basis Net Sales Growth to +7-8%, From Its Prior Guidance of Approximately 4%.
For FY Cash Flow is Expected to Be Approximately $1.2 Billion, Up From Prior Guidance of $1.1-1.2 Billion.
Raises FY 2022 Guidance for Adjusted-basis Earnings per Share Growth to About +2% On a Currency Neutral Basis, From Prior Guidance of +1-2%.
Q2 Earnings per Share View $1.05, Revenue View $3.64 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Revenue View $14.55 Billion -- Refinitiv Ibes Data (analyst estimates).
Kellogg - Recently Announced Proposed Separation of North America Cereal and Plant-based Businesses Targeted for Completion by the End of 2023.
Further Company Coverage: .
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Revenue is expected to be $3.77 Billion
Adjusted EPS is expected to be $0.98

Next Quarter Revenue Guidance is expected to be $3.55 Billion
Next Quarter EPS Guidance is expected to be $0.88

More details on our Analysts Page.