Kellogg's: Q4 exceeds expectations
(CercleFinance.com) - Kellogg's today announces Q4 2018 adjusted EPS that is down 2.
2% at 91 cents, against 93 cents in Q4 2017.
Although down, EPS exceeds the consensus of 88 cents. The breakfast
cereals giant's adjusted sales rose 4.2% to just over 3.3 billion
dollars.
Regarding its outlook, the US food giant has said that it expects net
sales to increase by about 3%-4% in 2019, despite EPS falling by between
5% and 7%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
2% at 91 cents, against 93 cents in Q4 2017.
Although down, EPS exceeds the consensus of 88 cents. The breakfast
cereals giant's adjusted sales rose 4.2% to just over 3.3 billion
dollars.
Regarding its outlook, the US food giant has said that it expects net
sales to increase by about 3%-4% in 2019, despite EPS falling by between
5% and 7%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.