Kellogg Company Reports 2018 First Quarter Results
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Kellogg (K) Tops Q1 EPS by 11c
May 3, 2018 8:05 AM EDTKellogg (NYSE: K) reported Q1 EPS of $1.19, $0.11 better than the analyst estimate of $1.08. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.3 billion.
Kellogg Updates its 2018 Financial Guidance
The Company is updating its financial guidance for 2018. It is reaffirming previous guidance for its base business, and then adding to guidance for currency-neutral net sales and currency-neutral adjusted operating profit to reflect the impact of its expanded investment in its West Africa ventures, and the resultant consolidation of Multipro's results. Specifically, the Company now forecasts:
Net Sales... More