Kellanova Future Growth

Future criteria checks 2/6

Kellanova is forecast to grow earnings and revenue by 13.2% and 1.4% per annum respectively. EPS is expected to grow by 13.7% per annum. Return on equity is forecast to be 30% in 3 years.

Key information

13.2%

Earnings growth rate

13.7%

EPS growth rate

Food earnings growth	9.8%
Revenue growth rate	1.4%
Future return on equity	30.0%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

Recent updates

Shareholders Will Most Likely Find Kellanova's (NYSE:K) CEO Compensation Acceptable

Apr 20

Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills

May 24

An Intrinsic Calculation For Kellogg Company (NYSE:K) Suggests It's 39% Undervalued

Apr 06

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Mar 23

Kellogg declares $0.59 dividend

Feb 17

Kellogg Q4 2022 Earnings Preview

Feb 08

Kellogg: Buy The Drop On This Moat-Worthy Brand

Jan 28

Here's Why Kellogg (NYSE:K) Has Caught The Eye Of Investors

Jan 13

Here's What To Make Of Kellogg's (NYSE:K) Decelerating Rates Of Return

Dec 31

Kellogg approves new $1.5B buyback program

Dec 12

Kellogg Company's (NYSE:K) Intrinsic Value Is Potentially 65% Above Its Share Price

Dec 07

We Think Kellogg (NYSE:K) Can Stay On Top Of Its Debt

Nov 25

Kellogg declares $0.59 dividend

Oct 28

Kellogg: Remains Attractive Ahead Of Its Portfolio Transformation

Sep 19

Kellogg: Appealing Dividend, But Only Moderately Attractive In Terms Of Risk And Reward

Aug 14

Earnings and Revenue Growth Forecasts

NYSE:K - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	13,577	1,365	1,338	2,289	7
12/31/2025	13,192	1,283	1,220	1,955	16
12/31/2024	12,796	1,190	992	1,856	16
12/30/2023	13,122	775	968	1,645	N/A
9/30/2023	15,866	826	1,227	1,871	N/A
7/1/2023	15,873	867	930	1,490	N/A
4/1/2023	15,696	836	1,047	1,600	N/A
12/31/2022	12,653	729	1,163	1,651	N/A
10/1/2022	14,902	1,491	1,241	1,736	N/A
7/2/2022	14,578	1,488	1,300	1,819	N/A
4/2/2022	14,269	1,542	1,275	1,793	N/A
1/1/2022	11,747	1,096	1,148	1,701	N/A
10/2/2021	14,225	1,260	951	1,538	N/A
7/3/2021	14,032	1,301	1,114	1,702	N/A
4/3/2021	13,942	1,272	1,264	1,830	N/A
1/2/2021	13,770	1,251	1,481	1,986	N/A
9/26/2020	13,529	1,191	1,368	1,844	N/A
6/27/2020	13,472	1,090	1,117	1,627	N/A
3/28/2020	13,468	1,025	947	1,497	N/A
12/28/2019	13,578	960	590	1,176	N/A
9/28/2019	13,672	731	910	1,535	N/A
6/29/2019	13,769	864	1,007	1,609	N/A
3/30/2019	13,668	1,174	784	1,378	N/A
12/29/2018	13,547	1,336	958	1,536	N/A
9/29/2018	13,415	1,837	623	1,139	N/A
6/30/2018	13,192	1,745	255	758	N/A
3/31/2018	13,007	1,432	162	665	N/A
12/30/2017	12,854	1,254	-98	403	N/A
9/30/2017	12,766	784	N/A	797	N/A
7/1/2017	12,774	788	N/A	1,072	N/A
4/1/2017	12,867	785	N/A	1,589	N/A
12/31/2016	12,965	699	N/A	1,271	N/A
10/1/2016	13,059	706	N/A	1,743	N/A
7/2/2016	13,134	619	N/A	1,758	N/A
4/2/2016	13,364	562	N/A	1,536	N/A
1/2/2016	13,525	614	N/A	1,691	N/A
10/3/2015	13,897	362	N/A	1,585	N/A
7/4/2015	14,207	381	N/A	1,720	N/A
4/4/2015	14,394	453	N/A	1,685	N/A
1/3/2015	14,580	632	N/A	1,793	N/A
9/27/2014	14,567	1,743	N/A	1,595	N/A
6/28/2014	14,644	1,845	N/A	1,756	N/A
3/29/2014	14,673	1,902	N/A	1,737	N/A
12/28/2013	14,792	1,807	N/A	1,807	N/A
9/28/2013	14,854	957	N/A	1,772	N/A
6/29/2013	14,858	949	N/A	1,783	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: K's forecast earnings growth (13.2% per year) is above the savings rate (2.3%).

Earnings vs Market: K's earnings (13.2% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: K's earnings are forecast to grow, but not significantly.

Revenue vs Market: K's revenue (1.4% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: K's revenue (1.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: K's Return on Equity is forecast to be high in 3 years time (30%)

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Kellanova Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Kellanova Provides Earnings Guidance for the Full Year of 2024

Kellanova Provides Earnings Guidance for the Fourth Quarter of 2023

Consensus EPS estimates fall by 11%

Kellogg Company Provides Earnings Guidance for 2024

Kellogg Company Revises Earnings Guidance for the Full Year of 2023

Kellogg Company Revises Earnings Guidance for the Full Year of 2023

Recent updates

Kellanova Plans to Increase Quarterly Dividend Begins with the Third Quarter of 2024

Shareholders Will Most Likely Find Kellanova's (NYSE:K) CEO Compensation Acceptable

Kellanova, Annual General Meeting, Apr 26, 2024

Kellanova, Annual General Meeting, Apr 26, 2024

Kellanova's (NYSE:K) Intrinsic Value Is Potentially 96% Above Its Share Price

Chairman exercised options and sold US$4.4m worth of stock

Dividend of US$0.56 announced

Kellanova Declares Dividend on the Common Stock, Payable on March 15, 2024

Investors Can Find Comfort In Kellanova's (NYSE:K) Earnings Quality

Full year 2023 earnings: EPS and revenues miss analyst expectations

Kellanova Provides Earnings Guidance for the Full Year of 2024

We Think Kellanova (NYSE:K) Is Taking Some Risk With Its Debt

Earnings Tell The Story For Kellanova (NYSE:K)

Kellanova: It's Too Early For Me To Consider The Company Attractive

Kellanova Announces Executive Leadership Changes for North America and Latin America

Kellanova Announces Two New Varieties

Kellanova to Report Q4, 2023 Results on Feb 08, 2024

4%-Yielding Kellanova Could Be A Diamond In The Rough

Kellanova Launches Cheez-It®? Snap'd, Cheez-It®? Puff'd and Club®? Crisps with Reduced Plastic Packaging

Upcoming dividend of US$0.56 per share at 4.4% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Kellanova Provides Earnings Guidance for the Fourth Quarter of 2023

Consensus EPS estimates fall by 11%

Kellanova Declares Regular Dividend, Payable on December 15, 2023

Kellanova Declares Regular Dividend, Payable on December 15, 2023

Investor sentiment deteriorates as stock falls 15%

Kellanova (NYSE:K) Analysts Just Trimmed Their Revenue Forecasts By 15%

Kellanova: An Intriguing Spinoff Of WK Kellogg

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Kellogg: The Problems Of A Low Margin Producer

Return Trends At Kellogg (NYSE:K) Aren't Appealing

Kellogg Company Provides Earnings Guidance for 2024

Kellogg Company Announces Pop-Tarts Unveils Its Newest Flavor Innovation, Frosted Chocolatey Chip Pancake

Kellogg Company Introduces Limited-Edition Pringles Everything Bagel

Kellogg's (NYSE:K) Upcoming Dividend Will Be Larger Than Last Year's

Upcoming dividend of US$0.60 per share at 3.9% yield

Kellogg: Decent Results And Cheap Valuation

Kellogg Company Revises Earnings Guidance for the Full Year of 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Kellogg's (NYSE:K) Dividend Will Be Increased To $0.60

Kellogg Company Declares Dividend on the Common Stock of the Company, Payable on September 15, 2023

Kellogg: Turnaround Potential But Wait To See Next Quarter's Results

Are Investors Undervaluing Kellogg Company (NYSE:K) By 47%?

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Capital Allocation Trends At Kellogg (NYSE:K) Aren't Ideal

Kellogg Company Introduces Pringles Harvest Blends

Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills

Upcoming dividend of US$0.59 per share at 3.4% yield

Insider notifies of intention to sell stock

Insider recently sold US$2.8m worth of stock

Kellogg Company's Raisin Bran Introduces the Addition of Kellogg's Raisin Bran Maple Flavor

Kellogg Company Revises Earnings Guidance for the Full Year of 2023

First quarter 2023 earnings released: EPS: US$0.87 (vs US$1.24 in 1Q 2022)

An Intrinsic Calculation For Kellogg Company (NYSE:K) Suggests It's 39% Undervalued

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Insufficient new directors

Vice Chairman of Corporate Development exercised options and sold US$611k worth of stock

Kellogg Company Announces Resignation of Richard W. Dreiling from the Board of Directors

Kellogg declares $0.59 dividend

Kellogg Company, Annual General Meeting, Apr 28, 2023

Full year 2022 earnings released: EPS: US$2.82 (vs US$4.36 in FY 2021)

Kellogg Company Provides Earnings Guidance for the Full Year of 2023

Kellogg Q4 2022 Earnings Preview

Kellogg: Buy The Drop On This Moat-Worthy Brand

Here's Why Kellogg (NYSE:K) Has Caught The Eye Of Investors

Kellogg Company's Vitamin D Petition Accepted by FDA

Here's What To Make Of Kellogg's (NYSE:K) Decelerating Rates Of Return

Kellogg Company (NYSE:K) announces an Equity Buyback for $1,500 million worth of its shares.

Kellogg approves new $1.5B buyback program