WK Kellogg Q2 2024 GAAP EPS $0.36 Misses $0.40 Estimate, Sales $672.000M Miss $672.636M Estimate
Portfolio Pulse from Benzinga Newsdesk
WK Kellogg (NYSE:KLG) reported Q2 2024 earnings of $0.36 per share, missing the analyst estimate of $0.40. Sales were $672 million, slightly below the $672.636 million estimate. Despite the miss, EPS increased by 12.5% year-over-year.
August 06, 2024 | 12:33 pm
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WK Kellogg reported Q2 2024 earnings of $0.36 per share, missing the analyst estimate of $0.40. Sales were $672 million, slightly below the $672.636 million estimate. Despite the miss, EPS increased by 12.5% year-over-year.
WK Kellogg's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year increase in EPS may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100