BUZZ-WK Kellogg rises after beating quarterly profit estimate

Reuters

Feb 11, 2025

** Shares of Froot Loops maker WK Kellogg KLG.N up ~4% at $17 premarket

** Co beats quarterly profit owing to higher product prices

** Logs quarterly adj. profit of 42 cents per share, above analysts' estimate of 26 cents per share - data compiled by LSEG

** KLG's quarterly net income rose 26.7% to $19 mln from a year ago

** Expects fiscal 2025 adj. EBITDA growth in the range of 4% to 6% vs 3% growth reported in fiscal 2024

** KLG says its fiscal 2025 forecast does not include any impact from potential tariffs with Mexico and Canada

** Co posts fourth-quarter revenue of $640 million vs estimate of $641.7 million

** KLG rose about 37% in 2024

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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EBITDA growth in the range of 4% to 6% vs 3% growth reported in fiscal 2024 ** KLG says its fiscal 2025 forecast does not include any impact from potential tariffs with Mexico and Canada** Co posts fourth-quarter revenue of $640 million vs estimate of $641.7 million** KLG rose about 37% in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KLG":"WK Kellogg Co.","BK4212":"包装食品与肉类"},"translate_title":"BUZZ-WK家乐氏在超出季度利润预期后股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KLG":0.9},"content_text":"BUZZ-WK Kellogg rises after beating quarterly profit estimate** Shares of Froot Loops maker WK Kellogg KLG.N up ~4% at $17 premarket** Co beats quarterly profit owing to higher product prices** Logs quarterly adj. profit of 42 cents per share, above analysts' estimate of 26 cents per share - data compiled by LSEG** KLG's quarterly net income rose 26.7% to $19 mln from a year ago** Expects fiscal 2025 adj. EBITDA growth in the range of 4% to 6% vs 3% growth reported in fiscal 2024 ** KLG says its fiscal 2025 forecast does not include any impact from potential tariffs with Mexico and Canada** Co posts fourth-quarter revenue of $640 million vs estimate of $641.7 million** KLG rose about 37% in 2024 (Reporting by Anuja Bharat Mistry in Bengaluru) ((AnujaBharat.Mistry@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}