Kellogg: Reaffirms Guidance for FY Earnings Per Share

Battle Creek / MG. (kc) Kellogg Company announced that it was reaffirming its full-year 2012 earnings guidance of between 3,18 USD and 3,30 USD per share. During the third quarter of 2012, good performance from the Pringles business and changes in the estimates for certain non-operating items allowed the company to offset substantially all of the costs related to the recent, limited recall of certain packages of Mini-Wheats cereal. These costs will also be recognized in the third quarter and are expected to total between 20 million USD and 30 million USD. Kellogg plans to issue its 2012 third quarter earnings results on November 01, 2012.