Kellogg (K) Tops Q4 EPS by 4c

Kellogg (NYSE: K) reported Q4 EPS of $0.79, $0.04 better than the analyst estimate of $0.75. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3.16 billion.Kellogg reaffirmed FY2016 guidance.

Cash flow
Cash flow,* a non-GAAP measure defined as cash from operating activities less capital expenditures, was $1.14 billion for the full year; slightly greater than expected due to excellent management of working capital. Kellogg repurchased $731 million of shares during the year.

For earnings history and earnings-related data on Kellogg (K) click here.

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