General Mills (GIS) Q2 Earnings and Revenues Surpass Estimates [Yahoo! Finance]
General Mills, Inc. (GIS)
Last general mills, inc. earnings: 3/18 07:00 am
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Source: Yahoo! Finance
This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.75%. A quarter ago, it was expected that this maker of Cheerios cereal, Yoplait yogurt and other packaged foods would post earnings of $1.05 per share when it actually produced earnings of $1.07, delivering a surprise of 1.90%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. General Mills , which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $5.24 billion for the quarter ended November 2024, surpassing the Zacks Consensus Estimate by 1.61%. This compares to year-ago revenues of $5.14 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management'
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News
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Barclays PLC from $74.00 to $68.00. They now have an "equal weight" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Citigroup Inc. from $71.00 to $67.00. They now have a "neutral" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Stifel Nicolaus from $82.00 to $78.00. They now have a "buy" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $70.00 price target on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at TD Cowen from $75.00 to $64.00. They now have a "hold" rating on the stock.MarketBeat
GIS
Earnings
- 12/18/24 - Beat
GIS
Sec Filings
- 12/20/24 - Form 144
- 12/18/24 - Form 10-Q
- 12/18/24 - Form 8-K
- GIS's page on the SEC website