06.02.2020, 23:18
Kellogg stock falls after weak guidance
Kellogg Co. shares fell nearly 8% in Thursday premarket trading after the food company gave weak 2020 earnings guidance. Net income totaled $145 million, or 42 cents per share, after a loss of $84 million, or 24 cents per share, last year. Adjusted EPS of 91 cents beat the FactSet consensus for 86 cents. Sales of $3.22 billion fell from $3.32 billion last year but exceeded the FactSet guidance for $3.18 billion.
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https://www.marketwatch.com/story/kellog...yptr=yahoo
![[Bild: Kc1dl1618.png]](https://finviz.com/publish/020620/Kc1dl1618.png)
Kellogg Co. shares fell nearly 8% in Thursday premarket trading after the food company gave weak 2020 earnings guidance. Net income totaled $145 million, or 42 cents per share, after a loss of $84 million, or 24 cents per share, last year. Adjusted EPS of 91 cents beat the FactSet consensus for 86 cents. Sales of $3.22 billion fell from $3.32 billion last year but exceeded the FactSet guidance for $3.18 billion.
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https://www.marketwatch.com/story/kellog...yptr=yahoo
