In This Article:
WK Kellogg Co (NYSE:KLG) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$689.0m (flat on 3Q 2023).
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Net loss: US$11.0m (down by 126% from US$42.0m profit in 3Q 2023).
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US$0.13 loss per share (down from US$0.49 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
WK Kellogg Co Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Food industry in the US.
Performance of the American Food industry.
The company's shares are up 7.9% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with WK Kellogg Co.
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