WK Kellogg (KLG) Expected to Announce Earnings on Tuesday

Key Points

• WK Kellogg is set to release its Q2 2025 earnings on August 5th, with expectations of $0.38 earnings per share and $653.36 million in revenue.
• In the previous quarter, WK Kellogg reported earnings of $0.20 per share, missing the consensus estimate, and revenue decreased by 6.2% compared to the same quarter last year.
• The company recently announced a quarterly dividend of $0.165 per share, representing a dividend yield of 2.85% and a payout ratio of 103.13%.

WK Kellogg (NYSE:KLG - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Tuesday, August 5th. Analysts expect WK Kellogg to post earnings of $0.38 per share and revenue of $653.36 million for the quarter.

WK Kellogg (NYSE:KLG - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.21). The business had revenue of $667.00 million for the quarter, compared to the consensus estimate of $677.91 million. WK Kellogg had a return on equity of 34.88% and a net margin of 2.14%. The firm's revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.37 earnings per share. On average, analysts expect WK Kellogg to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

WK Kellogg Stock Up 0.2%

Shares of NYSE KLG traded up $0.04 during trading hours on Friday, hitting $23.09. 833,917 shares of the stock were exchanged, compared to its average volume of 1,356,333. The firm has a fifty day moving average price of $18.52 and a 200-day moving average price of $18.42. The company has a quick ratio of 0.34, a current ratio of 0.78 and a debt-to-equity ratio of 1.54. WK Kellogg has a 12 month low of $14.80 and a 12 month high of $23.56. The company has a market cap of $1.99 billion, a PE ratio of 36.08 and a beta of 0.23.

WK Kellogg Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.66 dividend on an annualized basis and a yield of 2.9%. WK Kellogg's dividend payout ratio (DPR) is currently 103.13%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on KLG. Wall Street Zen raised shares of WK Kellogg from a "sell" rating to a "hold" rating in a research report on Sunday, July 13th. BNP Paribas set a $23.00 price target on shares of WK Kellogg in a report on Friday, July 11th. TD Cowen raised shares of WK Kellogg from a "sell" rating to a "hold" rating and boosted their price target for the company from $14.00 to $23.00 in a research report on Monday, July 14th. Cowen upgraded WK Kellogg from a "sell" rating to a "hold" rating in a research report on Friday, July 11th. Finally, Barclays restated an "underweight" rating and set a $23.00 price target (up from $16.00) on shares of WK Kellogg in a research report on Monday, July 14th. Two research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $20.13.

Institutional Trading of WK Kellogg

A number of large investors have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of WK Kellogg by 5.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 145,640 shares of the company's stock valued at $2,903,000 after acquiring an additional 7,830 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in WK Kellogg by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,997 shares of the company's stock worth $777,000 after acquiring an additional 1,659 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in WK Kellogg by 150.3% in the 1st quarter. Jones Financial Companies Lllp now owns 19,559 shares of the company's stock valued at $390,000 after purchasing an additional 11,746 shares in the last quarter. 95.74% of the stock is currently owned by hedge funds and other institutional investors.

About WK Kellogg

WK Kellogg Co operates as a food company in the United States, Canada, and the Caribbean. It manufactures, markets, and distributes ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi brands. The company was formerly known as North America Cereal Co and changed its name to WK Kellogg Co in March 2023.