Kellogg's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Kellogg (NYSE:K) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.82. The company's past performance shows it beat EPS estimates last quarter, but this was followed by a 2.19% drop in share price. Kellogg's shares were trading at $51.34 as of November 6, and are down 23.07% over the last 52-week period.
November 07, 2023 | 3:01 pm
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Kellogg's upcoming earnings report could impact its stock price. The company's shares have been on a downward trend, with a 23.07% drop over the last 52 weeks. Last quarter's EPS beat was followed by a 2.19% share price drop.
Kellogg's stock price has been on a downward trend, and the upcoming earnings report could further impact it. Last quarter, despite beating EPS estimates, the company's share price dropped by 2.19%. This suggests that investors may be focusing more on the company's guidance than its earnings performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100