** 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;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.