Kellogg Co. (K) reported first quarter EPS of $1.00 Monday morning, which was flat with the prior year period. The consensus estimate was for EPS of $0.99. The company now expects to report full year 2012 EPS of $3.18 to $3.30, due to weakness in Europe.
Kellogg gapped open sharply lower Monday and declined during the first half of the morning. The stock slipped further going into the close and finished down by 3.29 at $50.70, with volume at a 5-month high. Kellogg sank to over a 2-month low and fell below both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.