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 post its Q2 2025 quarterly earnings results 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 released its quarterly earnings results on Tuesday, May 6th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.21). WK Kellogg had a return on equity of 34.88% and a net margin of 2.14%. The company had revenue of $667.00 million for the quarter, compared to the consensus estimate of $677.91 million. During the same quarter last year, the firm posted $0.37 earnings per share. The firm's quarterly revenue was down 6.2% compared to the same quarter last year. 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 Price Performance

Shares of KLG stock traded up $0.04 during midday trading on Friday, reaching $23.09. 833,917 shares of the company were exchanged, compared to its average volume of 3,779,487. 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 P/E ratio of 36.08 and a beta of 0.23. The company's 50 day moving average price is $18.63 and its two-hundred day moving average price is $18.48. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.34 and a current ratio of 0.78.

WK Kellogg Announces Dividend

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

Institutional Trading of WK Kellogg

Large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its holdings in WK Kellogg by 150.3% during the first quarter. Jones Financial Companies Lllp now owns 19,559 shares of the company's stock valued at $390,000 after acquiring an additional 11,746 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in WK Kellogg by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,997 shares of the company's stock valued at $777,000 after acquiring an additional 1,659 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in WK Kellogg by 5.7% during 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. 95.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

KLG has been the topic of a number of recent analyst reports. BNP Paribas set a $23.00 price target on shares of WK Kellogg in a report on Friday, July 11th. Cowen raised shares of WK Kellogg from a "sell" rating to a "hold" rating in a research report on Friday, July 11th. Evercore ISI boosted their price objective on shares of WK Kellogg from $19.00 to $23.00 and gave the company an "in-line" rating in a research report on Friday, July 11th. TD Cowen raised shares of WK Kellogg from a "sell" rating to a "hold" rating and boosted their price objective for the company from $14.00 to $23.00 in a research report on Monday, July 14th. Finally, Wall Street Zen raised shares of WK Kellogg from a "sell" rating to a "hold" rating in a research report on Sunday, July 13th. Two investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from MarketBeat.com, WK Kellogg presently has an average rating of "Hold" and an average target price of $20.13.

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.