Company Performance - Kellanova reported quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $0.99 per share, and down from $1.01 per share a year ago, representing an earnings surprise of -5.05% [1] - The company posted revenues of $3.2 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.80%, but slightly down from year-ago revenues of $3.19 billion [2] - Over the last four quarters, Kellanova has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Outlook - Kellanova shares have lost about 1.5% since the beginning of the year, while the S&P 500 has gained 8.2% [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 coming quarter is $0.89 on revenues of $3.26 billion, and for the current fiscal year, it is $3.75 on revenues of $12.77 billion [7] Industry Context - The Consumer Products - Discretionary industry, to which Kellanova belongs, is currently in the top 29% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Kellanova's stock performance [5] - 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]
Kellanova (K) Lags Q2 Earnings Estimates