Kellanova's Q4 Adjusted Earnings Rise, Net Sales Decline

MT Newswires Live
02-06

Kellanova (K) reported Q4 adjusted earnings from continuing operations Thursday of $0.92 per diluted share, up from $0.78 a year earlier.

Analysts polled by FactSet expected $0.83.

Net sales for the quarter ended Dec. 28 were $3.12 billion, down from $3.17 billion a year earlier.

Analysts surveyed by FactSet expected $3.10 billion.

The food manufacturing company said it is not providing guidance due to its pending merger with Mars.

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