WK Kellogg (KLG) is scheduled to release its latest quarterly earnings report on Thursday, November 7, 2024. Analysts are predicting an earnings per share (EPS) of $0.26 for the company. Investors are eagerly awaiting this announcement, hoping for WK Kellogg to exceed these estimates and offer positive guidance for the upcoming quarter.
It’s crucial for new investors to recognize that guidance plays a significant role in influencing stock prices. Looking back at the previous quarter, WK Kellogg fell short of the EPS estimate by $0.05. Despite this, there was a 3.03% increase in the share price on the following day.
Reviewing WK Kellogg’s past performance and the resulting price changes, we can see fluctuations in EPS estimates and actual earnings, along with the corresponding percentage changes in stock prices. This data provides valuable insights into the company’s financial trajectory and market response.
As of November 5, WK Kellogg shares were trading at $16.74. Over the past 52 weeks, the stock has shown a positive growth of 60.76%. Long-term shareholders are likely to be pleased with these returns leading up to the earnings release. For more information on WK Kellogg’s earnings releases, investors can refer to the company’s earnings calendar on our platform.
It is important to note that this article was created by Benzinga’s automated content engine and later reviewed by an editor. Market news and data are sourced from Benzinga APIs, with all rights reserved. It is essential for investors to conduct thorough research and due diligence before making any investment decisions, as Benzinga does not offer investment advice.
