It's Showtime for Kellogg

Before you go, we thought you'd like these...
Before you go close icon

Kellogg (NYSE: K) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see.

The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Kellogg's revenues will wane -0.1% and EPS will contract -10.6%.

The average estimate for revenue is $3.38 billion. On the bottom line, the average EPS estimate is $0.84.

Revenue details
Last quarter, Kellogg reported revenue of $3.44 billion. GAAP reported sales were 1.3% lower than the prior-year quarter's $3.49 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.95. GAAP EPS of $1.00 were the same as the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 39.9%, 90 basis points worse than the prior-year quarter. Operating margin was 15.6%, 80 basis points worse than the prior-year quarter. Net margin was 10.4%, 10 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $14.00 billion. The average EPS estimate is $3.35.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 879 members out of 962 rating the stock outperform, and 83 members rating it underperform. Among 280 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 263 give Kellogg a green thumbs-up, and 17 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kellogg is hold, with an average price target of $55.37.

Can your portfolio provide you with enough income to last through retirement? You'll need more than Kellogg. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Get instant access to this free report.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners