Kellanova (K), valued at a market cap of $28.4 billion, is a leading global snack and convenience foods company, formerly part of the Kellogg Company. Headquartered in Chicago, Illinois, Kellanova focuses on popular brands such as Pringles, Cheez-It, Pop-Tarts, Nutri-Grain, RXBAR, and Eggo. The food company is expected to announce its Q1 earnings results before the market opens on Thursday, May 1.
Ahead of the event, analysts expect Kellanova to report a profit of $0.98 per share on a diluted basis, down 3% from $1.01 per share in the year-ago quarter. The company has consistently exceeded Wall Street’s EPS estimates in all of the last four quarterly reports.
