Kellogg Company Reports 2017 First Quarter Results
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Kellogg (K) PT Lowered to $81 at RBC Capital Following 1Q
May 5, 2017 8:37 AM EDTRBC Capital lowered its price target on Kellogg (NYSE: K) to $81.00 (from $84.00) while maintaining a Sector Perform rating. Q1 organic sales and operating profit declined YOY largely due to trade inventory reductions and challenging consumption trends in the US and Europe in particular.
RBC... More
Kellogg (K) Tops Q1 EPS by 7c, Revs Miss Slightly; Lowers FY17 Net Sales Outlook, Affirms EPS
May 4, 2017 8:03 AM EDTKellogg (NYSE: K) reported Q1 EPS of $1.06, $0.07 better than the analyst estimate of $0.99. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.28 billion. Currency-Neutral Comparable Diluted was $1.09
"In the first quarter, we managed through an unusually challenging environment for packaged food companies, including a period of... More
