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Why Are Kellanova (K) Shares Soaring Today

Shares of packaged foods company Kellanova (NYSE:K) jumped 8.2% in the morning session after the company reported first-quarter results, which blew past analysts' organic revenue growth expectations. Its EPS also outperformed Wall Street's estimates. The topline endured headwinds driven by FX volatility as well as the divestiture of its business in Russia. On the other hand, its gross margin missed analysts' expectations, and its operating margin missed Wall Street's estimates. Zooming out, we t ....

What Happened , Wall Street , Operating Margin , Revenue Growth Expectations , Business In Russia ,

Why Estée Lauder (EL) Shares Are Trading Lower Today

Shares of beauty products company Estée Lauder (NYSE:EL) fell 11.3% in the morning session after the company reported first quarter results, with its revenue and earnings forecast for the next quarter falling below analysts' expectations. Full-year earnings guidance also missed Wall Street's estimates. ....

Estee Lauder , What Happened , Wall Street , Estée Lauder , Operating Margin , Earnings Forecast , Quarter Outlook ,