Kellogg Co. (K) Tops Q3 EPS by 2c

Kellogg Co. (NYSE: K) reported Q3 EPS of $0.94, $0.02 better than the analyst estimate of $0.92. Revenue for the quarter came in at $3.64 billion versus the consensus estimate of $3.69 billion.

"We are pleased to have announced results for quarterly operating profit and earnings per share that were ahead of our expectations. Our international business did well in the quarter, although we continued to face the challenges in developed regions and categories that we've seen all year," said John Bryant, Kellogg Company's chairman and chief executive officer. "We have been working hard on our plans for 2015 and we have both good brand-building activities and new-product introductions planned for the first quarter, and the balance of the year. We also continue to execute the largest restructuring program in our history, which will enable us to invest back in our business and drive sustainable growth."

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

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