BUZZ-WK Kellogg rises after beating quarterly profit estimates

Updates

Shares of Froot Loops maker WK Kellogg KLG.N jump as much as 11.2% to $18.13 - highest since January

Co beats quarterly profit estimates owing to higher product prices

Logs quarterly adj. profit of 42 cents per share, above analysts' estimates of 26 cents per share - data compiled by LSEG

KLG's quarterly net income rises 26.7% to $19 mln from a year ago

Expects fiscal 2025 adj. EBITDA growth in the range of 4% to 6% vs 3% growth reported in fiscal 2024

KLG says its fiscal 2025 forecast does not include any impact from potential U.S. tariffs on Mexico and Canada

Co posts Q4 revenue of $640 million vs estimates of $641.7 million

KLG rose about 37% in 2024