Breaking: Kellog (K) earnings and sales miss estimates
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Subscribe to PremiumKellog (K) announced disappointing results on Thursday before the market opened. Kellog announced Earnings Per Share (EPS) of $0.86 missing analyst expectations of $0.89. Sales of $3.46 billion came in just below estimates of $3.5 billion. Kellog announced a dividend of $0.57 per share for Q1 2021 and announced plans to increase its dividend payment for Q2 2021.
Market Reaction
Shares in Kellog (K) are trading at $57.66 a loss of 0.8% in Thursday's pre-market. Kellog shares have underperformed the broader market for the last year.
Below is the Kellog share price with S&P overlapped.
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Kellog (K) announced disappointing results on Thursday before the market opened. Kellog announced Earnings Per Share (EPS) of $0.86 missing analyst expectations of $0.89. Sales of $3.46 billion came in just below estimates of $3.5 billion. Kellog announced a dividend of $0.57 per share for Q1 2021 and announced plans to increase its dividend payment for Q2 2021.
Market Reaction
Shares in Kellog (K) are trading at $57.66 a loss of 0.8% in Thursday's pre-market. Kellog shares have underperformed the broader market for the last year.
Below is the Kellog share price with S&P overlapped.
The author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
This article is for information purposes only. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. It is important to perform your own research before making any investment and take independent advice from a registered investment advisor.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to accuracy, completeness, or the suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. The author will not be held responsible for information that is found at the end of links posted on this page.
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