Kellogg’s Upcoming Q4 Results Preview
<p>Deutsche Bank analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/K'>Kellogg Company (NYSE:K)</a> ahead of the company’s Q4 results, scheduled to be reported on Feb 9.</p>
<p>According to the analysts, Q4/22 results themselves should be relatively non-controversial relative to Street expectations given (1) continued momentum in US consumption demand, and (2) relative specificity/clarity provided on the company's Q3/22 call.</p>
<p>However, the analysts see more questions related to future considerations. Although the analysts believe the company should be positioned to meet its long-term sales and operating profit targets in fiscal 2023, they noted that cost inflation and supply disruptions could challenge such expectations. </p>
<p>The analysts maintained their Hold rating but lowered their forward estimates and price target to $72 from $74. Overall, the analysts continue to look for more color around top-line momentum/ price elasticity, cost/margin recovery, FX/pension impacts, as well as further details around the company's 3-way split.</p>

NYSE:K