WK Kellogg Co (KLG) Reports In-Line Q1 EPS, reffirms guidance

WK Kellogg Co (NYSE: KLG) reported Q1 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $707 million versus the consensus estimate of $695.26 million.

Guidance:
WK Kellogg Co is reaffirming the 2024 financial guidance provided on our fourth quarter 2023 earnings call. 2024
Results are presented on an adjusted basis and compared to our 2023 standalone adjusted results
2024 Adjusted Net Sales growth is projected to be (1.0)% to 1.0%

2024 Adjusted EBITDA growth is projected to be 3.0% to 5.0%

For earnings history and earnings-related data on WK Kellogg Co (KLG) click here.

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