Kellogg: quarterly EPS above expectations
(CercleFinance.com) - Kellogg has announed Q2 2019 adjusted EPS that is down 13.
2% at 99 cents (-12.3% at constant exchange rates), while analysts were expecting less at 92 cents.
The breakfast cereals giant's adjusted sales rose by 3% to 3.46 billion dollars. At constant exchange rates, net sales increased 4.9% (+2.3% in organic terms).
For FY 2019, Kellogg confirms its guidance for adjusted EPS that is down by 10% to 11% at constant exchange rates, with adjusted revenue that is up 1% to 2% at constant exchange rates and in organic terms.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
2% at 99 cents (-12.3% at constant exchange rates), while analysts were expecting less at 92 cents.
The breakfast cereals giant's adjusted sales rose by 3% to 3.46 billion dollars. At constant exchange rates, net sales increased 4.9% (+2.3% in organic terms).
For FY 2019, Kellogg confirms its guidance for adjusted EPS that is down by 10% to 11% at constant exchange rates, with adjusted revenue that is up 1% to 2% at constant exchange rates and in organic terms.
Copyright (c) 2019 CercleFinance.com. All rights reserved.