01.08.2019 14:11:21

Kellogg Company Q2 adjusted earnings Beat Estimates

(RTTNews) - Kellogg Company (K) revealed a profit for second quarter that decreased from the same period last year.

The company's earnings came in at $286 million, or $0.84 per share. This compares with $596 million, or $1.71 per share, in last year's second quarter.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.0% to $3.46 billion from $3.36 billion last year.

Kellogg Company earnings at a glance:

-EPS (Q2): $0.99 vs. $1.14 last year. -Analysts Estimate: $0.92 -Revenue (Q2): $3.46 Bln vs. $3.36 Bln last year.

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