Kellogg Company (NYSE:K) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for profit of 63 cents per share, a rise of 23.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 64 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 63 cents during the last month. Analysts are projecting profit to rise by 0.9% versus last year to $3.37.

Last quarter, the company fell short of estimates by 3 cents, coming in at net income of 80 cents per share against a mean estimate of profit of 89 cents. The company topped expectations in the second quarter. Analysts are projecting a rise of 4.5% in revenue from the year-earlier quarter to $2.99 billion.

Competitors to Watch: Ralcorp Holdings, Inc. (NYSE:RAH), General Mills, Inc. (NYSE:GIS), Kraft Foods Inc. (NYSE:KFT), Flowers Foods, Inc. (NYSE:FLO), The Hain Celestial Group, Inc. (NASDAQ:HAIN), PepsiCo, Inc. (NYSE:PEP) and TreeHouse Foods Inc. (NYSE:THS).

Sara Lee Corp. (NYSE:SLE) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 25 cents per share, a decline of 19.4% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting profit of 91 cents per share, a rise of 16.7% from last year.

Last quarter, the company topped estimates by 0 cents, coming in at net income of 18 cents per share against a mean estimate of profit of 17 cents. The company fell in line with estimates in the fourth quarter of the last fiscal year. On average, analysts predict $2.14 billion in revenue this quarter, a decline of 8.9% from the year ago quarter. Analysts are forecasting total revenue of $8.19 billion for the year, a decline of 5.6% from last year’s revenue of $8.68 billion.

Competitors to Watch: Unilever plc (NYSE:UL), Bridgford Foods Corp. (NASDAQ:BRID), The Hain Celestial Group, Inc. (NASDAQ:HAIN), Lancaster Colony Corp. (NASDAQ:LANC), J&J Snack Foods Corp. (NASDAQ:JJSF), Kraft Foods Inc. (NYSE:KFT), Flowers Foods, Inc. (NYSE:FLO), Snyder S Lance Inc (NASDAQ:LNCE), Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR), and TreeHouse Foods Inc. (NYSE:THS).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!