NEW YORK (TheStreet) -- Shares of Kellogg (K) - Get Report were higher in mid-afternoon trading on Monday as the company prepares to post 2016 third quarter results before Tuesday's opening bell.

Analysts surveyed by FactSet are looking for the Battle Creek, MI-based cereal and snacks manufacturer to report adjusted earnings of 87 cents per share on revenue of $3.26 billion.

In the year-ago quarter, Kellogg posted adjusted earnings of 85 cents per share on revenue of $3.33 billion.

Credit Suisse recently removed Kellogg from its U.S. Focus List, saying that the company's stock is no longer one of the firm's top investment ideas.

The firm maintained its "outperform" rating and $94 price target on Kellogg stock.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "buy" with a ratings score of B+.

The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

You can view the full analysis from the report here: K

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