Kellogg Company Reports 2017 Third Quarter Results

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Kellogg (K) PT Raised to $79 at RBC Capital Following 3Q

November 1, 2017 7:22 AM EDT

RBC Capital raised its price target on Kellogg (NYSE: K) to $79.00 (from $78.00) while maintaining a Sector Perform rating following the company's 3Q earnings report. Analyst David Palmer estimates that favorable shipment timing and delayed marketing spend in North America this quarter contributed ~4pp... More

Kellogg (K) PT Raised to $71 at Susquehanna

October 31, 2017 1:07 PM EDT

Susquehanna analyst Pablo Zuanic raised his price target on Kellogg (NYSE: K) to $71.00 (from $69.00) while maintaining a Neutral rating following better than expected results.

Zuanic notes the company beat by 11c, but kept the full year guidance unchanged given marketing and... More

Kellogg (K) Tops Q3 EPS by 11c; Reaffirms

October 31, 2017 8:02 AM EDT

Kellogg (NYSE: K) reported Q3 EPS of $1.05, $0.11 better than the analyst estimate of $0.94. Revenue for the quarter came in at $3.27 billion versus the consensus estimate of $3.21 billion.

"Our third quarter played out as expected. Operating profit margin expansion got an added boost from the transition out of... More