Kellanova, a Chicago-based snacks and convenience foods company, is set to announce its fiscal Q3 earnings for 2025, with analysts expecting a profit of $0.88 per share, down from the previous year. Despite a projected decline in profits for fiscal 2025, earnings are expected to rebound by 4.4% in fiscal 2026.

Shares of Kellanova have gained 2.9% over the past year, underperforming the S&P 500 but outperforming the Consumer Staples Select Sector SPDR Fund. The company’s Q2 results showed a slight year-over-year increase in net sales to $3.2 billion, with adjusted EPS falling short of consensus estimates by 5.1%.

Wall Street analysts have a “Hold” rating on Kellanova’s stock, with a mean price target of $83.42, suggesting a potential upside from current levels. Analysts remain cautious about the stock, with all 14 analysts covering it recommending a “Hold” position.

Read more at Yahoo Finance: Kellanova Earnings Preview: What to Expect