Kellanova (K) Beats Q4 Earnings and Revenue Estimates

Group 1 - Kellanova reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.82 per share, and up from $0.78 per share a year ago, representing an earnings surprise of 12.20% [1] - The company achieved revenues of $3.12 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1%, although this is a decrease from $3.17 billion in the same quarter last year [2] - Kellanova has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Group 2 - The stock has gained approximately 1.1% since the beginning of the year, underperforming compared to the S&P 500's gain of 3.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $1.02 on revenues of $3.19 billion, and for the current fiscal year, it is $3.92 on revenues of $12.92 billion [7] Group 3 - The Consumer Products - Discretionary industry, to which Kellanova belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, which may impact stock performance [8] - The Zacks Rank for Kellanova is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]