Kellanova (K), headquartered in Chicago, Illinois, manufactures and markets snacks and convenience foods. Valued at $27.7 billion by market cap, the company offers snack products such as snacking, cereal, noodles, plant-based foods, and frozen breakfast with online delivery services. The leading global snacking company is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Thursday, Oct. 31.
Ahead of the event, analysts expect K to report a profit of $0.85 per share on a diluted basis, down 17.5% from $1.03 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
