Kellogg Company Reports 2017 Fourth Quarter Results
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Kellogg (K) PT Lowered to $68 at Susquehanna
February 9, 2018 7:19 AM ESTSusquehanna lowered its price target on Kellogg (NYSE: K) to $68.00 (from $69.00) while maintaining a Neutral rating.
Analyst Pablo Zuanic said while they see value, key catalysts may take time.
... MoreKellogg (K) Reports In-Line Q4 EPS, Revenue Beats
February 8, 2018 8:02 AM ESTKellogg (NYSE: K) reported Q4 EPS of $0.96, in-line with the analyst estimate of $0.96. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.08 billion.
The Company issued financial guidance for 2018:
Net sales flat on a currency-neutral basis. The October 2017 acquisition of RXBAR contributes 1-2 percentage points of this growth. This implies an organic decline of 1-2%, of... More
