WK Kellogg rises after beating quarterly profit estimates

WK Kellogg Co

11/02/2025 16:22

(Updates)
    ** Shares of Froot Loops maker WK Kellogg  KLG.N  jump as
much as 11.2% to $18.13 - highest since January 
    ** Co beats quarterly profit estimates owing to higher
product prices
    ** Logs quarterly adj. profit of 42 cents per share, above
analysts' estimates of 26 cents per share - data compiled by
LSEG
    ** KLG's quarterly net income rises 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 U.S. tariffs on Mexico and Canada
    ** Co posts Q4 revenue of $640 million vs estimates of
$641.7 million
    ** KLG rose about 37% in 2024

 (Reporting by Anuja Bharat Mistry in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))