- Kellanova’s second quarter adjusted earnings per share (EPS) was 94 cents, missing estimates of 99 cents and below the previous year’s EPS of $1.01.
- Reported net sales for Kellanova came in at $3.20 billion, which is a slight increase of 0.3% compared to last year, and slightly above the estimated $3.19 billion.
- Organic net sales also grew by 0.3%, falling short of the expected 1.15% increase.
- The company’s adjusted operating profit was reported at $477 million, which represents a 5% decrease year-over-year, and is below the estimated $489.2 million.
- Analyst recommendations for Kellanova indicate 0 buys, 18 holds, and 0 sells.
Kellogg Co on Smartkarma
Analysts on Smartkarma, like Baptista Research, have been closely covering Kellogg Co. One of the reports, titled “Kellanova: Pringles, Cheez-It, and the Global Snack Wars—What’s at Stake?” by Baptista Research, provides insights into Kellogg Co.’s performance. The report highlights Kellanova’s strong fourth-quarter performance, with 7% organic sales growth and a 200-basis-point improvement in adjusted operating margins to 14.3%. Despite a slight decline in North American sales, Kellanova’s strategic expansion into high-growth snack categories and increased presence in emerging markets have been key drivers of its success, with impressive growth seen in regions like Latin America and Asia, the Middle East, and Africa.
A look at Kellogg Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Kellogg Co has a promising long-term outlook. With a high dividend score of 4, investors can expect consistent payouts. The company also scores well in resilience and momentum, with scores of 3 in each category. This indicates that Kellogg Co has a strong ability to weather economic uncertainties and has positive market momentum.
Although Kellogg Co scores lower in terms of value and growth, with scores of 2 and 3 respectively, its overall outlook appears positive. As a company that manufactures and markets a variety of food products, including cereals, cookies, crackers, and frozen waffles, Kellogg Co is well-positioned in the market to provide steady returns to investors while maintaining resilience and momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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