Kellogg: Q4 Earnings Insights

Kellogg K reported its Q4 earnings results on Thursday, February 10, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

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Earnings

Kellogg beat estimated earnings by 5.06%, reporting an EPS of $0.83 versus an estimate of $0.79.

Revenue was up $43.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16, which was followed by a 0.56% drop in the share price the next day.

Here's a look at Kellogg's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Kellogg management provided guidance for their next quarter, expecting earnings between $4.08 and $4.12 per share for the next quarter.

This represents a 393.98% in quarter-over-quarter growth for Kellogg, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.