Kellogg Company Reports Third Quarter 2015 Results, On-Track for Full-Year 2015 and 2016
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Credit Suisse Upgrades Kellogg (K) to Neutral
November 4, 2015 6:18 AM ESTCredit Suisse upgraded Kellogg (NYSE: K) from Underperform to Neutral with a price target of $72.00 (from $66.00).
Analyst R. Moskow commented, "We are raising our rating on Kellogg to Neutral (from Underperform) and raising our target price to $72/share (from $66/share). The business is... More
Kellogg (K) Tops Q3 EPS by 2c; Boosts Operating Cash Flow Outlook
November 3, 2015 8:04 AM ESTKellogg (NYSE: K) reported Q3 EPS of $0.85, $0.02 better than the analyst estimate of $0.83. Revenue for the quarter came in at $3.33 billion versus the consensus estimate of $3.43 billion.
ellogg Raises Guidance for Operating Cash Flow After Capital Expenditure, Reaffirms Other Full-Year 2015 Currency-Neutral Comparable Guidance
The company reaffirmed previous guidance for currency-neutral comparable net sales, operating profit, and earnings per share in 2015; the company raised guidance for full-year cash flow. Currency-neutral comparable net sales are expected to remain approximately unchanged year-over-year. Kellogg expects... More
