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Kellogg (K) tops earnings estimates following North American cereal rebound

May 4, 2023 12:10 PM EDT

Resilient demand and recovering profit margins helped Kellogg (NYSE: K) post a top and bottom line beat when it reported results for its first quarter before the open on Thursday.

The packaged food maker reported Q1 EPS of $1.10, $0.10 better than the analyst estimate of $1, with revenue for the quarter... More