WK Kellogg Co Past Earnings Performance
Past criteria checks 1/6
WK Kellogg Co's earnings have been declining at an average annual rate of -48.4%, while the Food industry saw earnings growing at 12% annually. Revenues have been declining at an average rate of 1.4% per year. WK Kellogg Co's return on equity is 37.5%, and it has net margins of 4.3%.
Key information
-48.4%
Earnings growth rate
n/a
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | -1.4% |
| Return on equity | 37.5% |
| Net Margin | 4.3% |
| Last Earnings Update | 30 Mar 2024 |
Recent past performance updates
Recent updates
WK Kellogg Co's (NYSE:KLG) Shares Climb 26% But Its Business Is Yet to Catch Up
Apr 24
WK Kellogg: Undervalued Dividend With Solid Upside Potential
Mar 13WK Kellogg Co's (NYSE:KLG) Performance Is Even Better Than Its Earnings Suggest
Feb 21WK Kellogg Co's (NYSE:KLG) Price Is Out Of Tune With Revenues
Feb 14WK Kellogg Co: A Mixed (Cereal) Bag
Dec 28WK Kellogg Co: Crunching Numbers, Expanding Margins
Dec 08Kellanova: The New Chapter Is Not As Exciting As It Might Seem
Nov 10Merion Road Capital - WK Kellogg: A Lot To Dislike But Risk Return Seems Attractive
Oct 21Revenue & Expenses BreakdownBeta
How WK Kellogg Co makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Mar 24 | 2,750 | 119 | 489 | 0 |
| 30 Dec 23 | 2,763 | 110 | 488 | 0 |
| 30 Sep 23 | 2,789 | -59 | 740 | 0 |
| 01 Jul 23 | 2,802 | -78 | 728 | 0 |
| 01 Apr 23 | 2,792 | -52 | 693 | 0 |
| 31 Dec 22 | 2,695 | -25 | 624 | 0 |
| 01 Jan 22 | 2,460 | 162 | 361 | 0 |
| 02 Jan 21 | 2,867 | 182 | 588 | 0 |
Quality Earnings: KLG has a large one-off loss of $98.0M impacting its last 12 months of financial results to 30th March, 2024.
Growing Profit Margin: KLG became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KLG's earnings have declined by 48.4% per year over the past 5 years.
Accelerating Growth: KLG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: KLG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (7.8%).
Return on Equity
High ROE: Whilst KLG's Return on Equity (37.54%) is high, this metric is skewed due to their high level of debt.