Earnings Preview: Kellogg

| About: Kellogg Company (K)

Kellogg (NYSE:K) is expected to report Q3 earnings before the open on Thursday, November 3, with a conference call scheduled for 9:30 am ET.


Analysts are looking for a profit of 89c on revenue of $3.41B. The consensus range is 85c-92c for EPS, and revenue of $3.36B-$3.46B, according to First Call. Kellogg cautioned on its last earnings call that it expects Q3 earnings to be down "slightly" year-over-year, due to "difficult" comparisons with a strong quarter a year ago. At that time, the company also expanded its full year sales growth guidance and guided toward FY11 EPS in a range of $3.42-$3.49. Consensus for full year earnings is currently near the high end of the company's forecast, at $3.48. The company's shares are slightly higher in early afternoon trade ahead of the call, up 19c, or 0.35%, to $53.75.