Kellogg’s Upcoming Q1 Earnings Preview
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/K'>Kellogg Company (NYSE:K)</a> ahead of the upcoming Q1/23 earnings, which are scheduled to be released on Thursday.</p>
<p>The analysts expect adjusted EPS of $0.99 for Q1/23, in line with the Street estimate. Overall, the analysts expect Kellogg to clear the consensus bar this quarter (and note that consensus is already at the higher end of the company’s full-year guidance). </p>
<p>Given strong beat-and-raises across the board from packaged food competitors, the analysts see the possibility for Kellogg to be able to reaffirm or raise its guidance this quarter. However, if guidance is raised, it will be on the basis of a strong Q1 and likely will not materially change the outlook for the balance of the year as the company laps difficult comps and faces macro uncertainty. </p>

NYSE:K