** Shares of Froot Loops maker WK Kellogg KLG.N rise as much as 12% to $19.78
** Stock set for its best day if gains hold
** Posts Q3 revenue and profit beat, helped by consumer demand for its ready-to-eat cereals, despite high prices
** Reports Q3 net sales of $689 mln vs. analysts' average estimates of $674 mln- data compiled by LSEG
** Posts Q3 EPS of 31 cents above analysts' estimates of 26 cents
** Co says organic volume for the quarter declined 1.1%, improving from a 4.8% decline the previous quarter, while product pricing rose 1.8%, down from 2.1% in Q2
** Up to Wednesday's close, stock has risen 28% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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