News Formal

WK Kellogg beats profit and revenue estimates in its first earnings update since spinning off from Kellanova

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.

WK Kellogg Co.’s stock KLG, was up by 2.8% in premarket trading after the cereal company that was formerly part of snack giant Kellanova K, -0.86% said its third-quarter profit rose by 82.6%.

WK Kellogg said its net income increased to $42 million, or 49 cents a share, from $23 million, or 27 cents a share, in the year-ago quarter. WK Kellogg handily beat the FactSet consensus estimate for earnings of 26 cents a share. Revenue dipped by 1.9% to $692 million. Adjusted for the split, sales also fell 1.9% to $684 million, ahead of the analyst expectation of $666.3 million. WK Kellogg became an independent company on Oct. 2.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

SMBC discloses $560 million loss in sale of rail car leasing business to ITESteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »