WK Kellogg rises after beating quarterly profit estimate

WK Kellogg Co

11/02/2025 13:35

** 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))