Kellogg Exceeds, Affirms Outlook
Posted on February 02, 2012 at 14:25 PM EST
Kellogg Company (NYSE:K) has posted fourth-quarter 2011 earnings of 64 cents per share, beating the Zacks Consensus Estimate by a penny. The earnings also exceeded the prior-year earnings of 51 cents per share by 25%. In fiscal 2011, earnings of $3.38 per share also surpassed both the Zacks Consensus Estimate by one cent and the [...]

Kellogg Company (NYSE:K) has posted fourth-quarter 2011 earnings of 64 cents per share, beating the Zacks Consensus Estimate by a penny. The earnings also exceeded the prior-year earnings of 51 cents per share by 25%. In fiscal 2011, earnings of $3.38 per share also surpassed both the Zacks Consensus Estimate by one cent and the prior-year estimate by 8 cents per share, respectively.
Kellogg’s results were driven by strong revenue growth and increased focus on investment in brand building and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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