WK Kellogg KLG is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here's what investors need to know before the announcement.
Analysts estimate that WK Kellogg will report an earnings per share (EPS) of $0.26.
The market awaits WK Kellogg's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Past Earnings Performance
Last quarter the company missed EPS by $0.05, which was followed by a 3.03% increase in the share price the next day.
Here's a look at WK Kellogg's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.41 | 0.38 | 0.21 | 0.26 |
| EPS Actual | 0.36 | 0.37 | 0.18 | 0.49 |
| Price Change % | 3.0% | -9.0% | 6.0% | -3.0% |
Performance of WK Kellogg Shares
Shares of WK Kellogg were trading at $16.74 as of November 05. Over the last 52-week period, shares are up 60.76%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for WK Kellogg visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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