Kellogg: Q3 Earnings Snapshot

BATTLE CREEK, Mich. (AP) _ Kellogg Co. (K) on Thursday reported third-quarter profit of $307 million.

The Battle Creek, Michigan-based company said it had profit of 89 cents per share. Earnings, adjusted for non-recurring costs, were $1.09 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The maker of Frosted Flakes, Pop Tarts and Eggo waffles posted revenue of $3.62 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $3.54 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on K at https://www.zacks.com/ap/K

Categories: Business News