09:03 AM EDT, 05/02/2024 (MT Newswires) -- Kellanova ( K ) reported Q1 adjusted earnings Thursday of $1.01 per diluted share, up from $0.78 a year earlier.

Analysts polled by Capital IQ expected $0.85.

Net sales for the quarter ended March 31 was $3.2 billion, down from $3.34 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.16 billion.

Shares of the former Kellogg's food company relaunched in October after spinning off its North American cereal business, were up 2.2% in recent premarket activity.

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