Kellanova Q2 Profit Drops

(RTTNews) - Kellanova (K) released earnings for second quarter that decreased from the same period last year

The company's bottom line totaled $344 million, or $1.00 per share. This compares with $357 million, or $1.03 per share, in last year's second quarter.

Excluding items, Kellanova reported adjusted earnings of $1.01 per share for the period.

The company's revenue for the quarter fell 4.7% to $3.192 billion from $3.351 billion last year.

Kellanova earnings at a glance (GAAP) :

-Earnings (Q2): $344 Mln. vs. $357 Mln. last year. -EPS (Q2): $1.00 vs. $1.03 last year. -Revenue (Q2): $3.192 Bln vs. $3.351 Bln last year.

-Guidance: Full year EPS guidance: $3.65 - $3.75