WK Kellogg Co Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St.11-10

WK Kellogg Co (NYSE:KLG) Third Quarter 2024 Results Key Financial Results Revenue: US$689.0m (flat on 3Q 2023). Net loss: US$11.0m (down by 126% from US$42.0m profit in 3Q 2023). US$0.13 loss per ...

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All figures shown in the chart above are for the trailing 12 month  period. Revenue exceeded analyst estimates by 2.2%. Earnings per share  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.The company's shares are up 7.9% from a week ago.You should learn about the   2 warning signs  we've spotted with WK Kellogg Co.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"KLG":"WK Kellogg Co.","WK":"Workiva"},"translate_title":"WK家乐氏公司2024年第三季度收益：收入超出预期，每股收益滞后","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WK":1,"KLG":0.9},"content_text":"WK Kellogg Co (NYSE:KLG) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$689.0m (flat on 3Q 2023).\nNet loss: US$11.0m (down by 126% from US$42.0m profit in 3Q 2023).\nUS$0.13 loss per share (down from US$0.49 profit in 3Q 2023).\n\n\n\n\n  NYSE:KLG Earnings and Revenue History November 10th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nWK Kellogg Co Revenues Beat Expectations, EPS Falls Short\n Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates. \n 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. \nPerformance of the American Food industry.\n The company's shares are up 7.9% from a week ago. \nRisk Analysis\n You should learn about the   2 warning signs  we've spotted with WK Kellogg Co. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482423263"}