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Kellanova Beats EPS with Strong Profit
The Motley Fool· 2025-02-06 14:42
Kellanova posted robust Q4 2024 earnings, driven by strong organic growth and improved profit margins.Kellanova (K 0.06%), a snacks-focused company celebrated for brands like Pringles and Cheez-It, released its fourth quarter results on February 6, 2025. It reported better-than-expected financial performance, driven by solid organic growth. Adjusted EPS rose to $0.92, surpassing analysts' expectations of $0.83. The quarter's reported operating profit saw a substantial increase of 62.2% year-over-year, refle ...
Kellogg(K) - 2024 Q4 - Annual Results
2025-02-06 13:02
Pending Transaction: As announced on August 14, 2024, Mars, Incorporated, a family-owned, global leader in pet care, snacking, and food, and Kellanova, a leading company in global snacking, international cereal and noodles, North American plant-based foods, and frozen breakfast foods, had entered into a definitive agreement under which Mars has agreed to acquire Kellanova for $83.50 per share in cash. Shareowners approved this proposed transaction on November 1, 2024. The transaction is subject to customary ...
Kellanova Reports 2024 Fourth Quarter Results
Prnewswire· 2025-02-06 13:00
Company Overview - Kellanova is a leader in global snacking, international cereal and noodles, and North America frozen foods, with a legacy of over 100 years [1] - The company reported net sales of approximately $13 billion for 2024 [1] Corporate Purpose and Goals - Kellanova aims to create better days and ensure equitable food access through its trusted food brands [2] - The company is committed to addressing hunger, sustainability, wellbeing, and equity, diversity & inclusion [2] - Kellanova's goal is to create Better Days for 4 billion people by the end of 2030, using a 2015 baseline [2]
Unveiling Kellanova (K) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-02-03 15:21
In its upcoming report, Kellanova (K) is predicted by Wall Street analysts to post quarterly earnings of $0.82 per share, reflecting an increase of 5.1% compared to the same period last year. Revenues are forecasted to be $3.09 billion, representing a year-over-year decrease of 2.6%.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projec ...
PRINGLES® MAKES MUSTACHES FLY TO THE SNACKING RESCUE WITH THE HELP OF ADAM BRODY, NICK OFFERMAN, JAMES HARDEN AND ANDY REID FOR ITS 2025 BIG GAME SPOT
Prnewswire· 2025-02-03 14:15
Accessibility Statement Skip Navigation "With our iconic mascot Mr. P on every can, Pringles has the strongest mustache in the snack aisle," said Sarah Reinecke, Kellanova's U.S. Vice President of Marketing, Salty Snacking. "This year, we're harnessing the power of some of the most legendary mustaches in culture to take our crisps to new heights, literally. Fans everywhere are encouraged to 'Stache Up on their favorite Pringles while watching these glorious 'staches soar on game day and beyond." Actor Ada ...
Kellanova Set to Release Q4 Earnings: Should You Expect a Beat?
ZACKS· 2025-02-03 13:35
Kellanova (K) is likely to register bottom-line growth when it reports fourth-quarter 2024 earnings on Feb. 6. Although the Zacks Consensus Estimate for quarterly earnings has moved down by a penny in the past 30 days to 82 cents per share, the projection indicates an increase of 5.1% from the year-ago quarter’s reported figure. The consensus mark for 2024 earnings is pegged at $3.75 per share, reflecting a 16.1% increase from the prior year’s reported figure. K has a trailing four-quarter earnings surprise ...
Kellanova Recognized on Fortune's 2025 World's Most Admired Companies List
Prnewswire· 2025-01-30 20:34
Core Insights - Kellanova has been recognized as No. 6 in the consumer food products industry on Fortune Magazine's 2025 World's Most Admired Companies list, improving from seventh place in 2024 [1] - This recognition highlights Kellanova's commitment to excellence, innovation, and social responsibility, aligning with the values shared by other industry leaders [1][2] - The annual list evaluates 650 high-revenue companies based on nine key attributes of reputation, showcasing Kellanova's outstanding performance in these areas [2] Company Performance - Kellanova's inclusion in the list reflects the hard work and dedication of its global team, emphasizing the company's focus on delivering exceptional products and making a positive impact [3] - The recognition serves as motivation for Kellanova to continue innovating and investing in its workforce while leading with purpose [3] Industry Context - The World's Most Admired Companies list is a benchmark of corporate reputation and leadership across 51 industries and 30 countries, indicating Kellanova's competitive standing in the consumer food products sector [2] - Kellanova joins an elite group of industry leaders, including Nestle, PepsiCo, and General Mills, which collectively aim to shape the future of food [1]
Kellanova (K) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-30 16:07
Kellanova (K) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 6. On ...
Will Kellanova (K) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-28 18:16
Core Insights - Kellanova is positioned well to continue its trend of beating earnings estimates, particularly in the upcoming quarterly report [1][6] Earnings Performance - Kellanova has a strong track record of exceeding earnings estimates, with an average surprise of 9.64% over the last two quarters [2] - In the most recent quarter, Kellanova reported earnings of $0.91 per share, surpassing the expected $0.85 by 7.06% [2] - For the previous quarter, the company reported $1.01 per share against an estimate of $0.90, resulting in a surprise of 12.22% [2] Earnings Estimates and Predictions - Estimates for Kellanova have been trending upward, influenced by its history of earnings surprises [3] - The stock has a positive Zacks Earnings ESP of +0.66%, indicating recent bullish sentiment among analysts regarding its earnings prospects [6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [6] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better achieve a positive surprise nearly 70% of the time [4] - This means that out of 10 stocks with this combination, approximately seven could beat the consensus estimate [4] Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5] - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [7] - It is crucial for investors to check a company's Earnings ESP before quarterly releases to enhance the chances of successful investment decisions [8]
Kellanova (K) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-01-27 15:15
Stock Performance - Kellanova shares have risen by 0.9% over the past month and hit a new 52-week high of $81.91 in the previous session [1] - The stock has gained 1.1% since the start of the year, underperforming the Zacks Consumer Discretionary sector (14.2%) and the Zacks Consumer Products - Discretionary industry (18.8%) [1] Earnings and Revenue - Kellanova has a strong record of positive earnings surprises, not missing consensus estimates in the last four quarters [2] - In its last earnings report on October 31, 2024, Kellanova reported EPS of $0.91, beating the consensus estimate of $0.85 [2] - For the current fiscal year, Kellanova is expected to post earnings of $3.93 per share on $12.74 billion in revenues [3] - For the next fiscal year, the company is expected to earn $4.03 per share on $12.92 billion in revenues, representing year-over-year changes of 4.81% and 1.48%, respectively [3] Valuation Metrics - Kellanova trades at 20.8X current fiscal year EPS estimates, a premium to the peer industry average of 13.9X [7] - On a trailing cash flow basis, the stock trades at 18.2X versus its peer group's average of 7X [7] - The stock has a PEG ratio of 2.51, which does not place it in the top echelon of stocks from a value perspective [7] Zacks Style Scores and Rank - Kellanova has a Value Score of B, Growth Score of B, and Momentum Score of C, resulting in a VGM Score of A [6] - The company currently holds a Zacks Rank of 2 (Buy) due to rising earnings estimates [8] - Kellanova meets the recommended criteria of Zacks Rank 1 or 2 and Style Scores of A or B, suggesting potential for further gains [8]