General Mills (NYSE:GIS – Get Free Report) is scheduled to announce its earnings results before the market opens on Wednesday, September 18th. Analysts expect the company to announce earnings of $1.05 per share for the quarter. General Mills has set its FY 2025 guidance at 4.480-4.570 EPS.Investors interested in registering for the company’s conference call can do so using this link.
General Mills (NYSE:GIS – Get Free Report) last released its quarterly earnings data on Wednesday, June 26th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.99 by $0.02. The firm had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.85 billion. General Mills had a return on equity of 26.56% and a net margin of 12.57%. The company’s quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.12 earnings per share. On average, analysts expect General Mills to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
General Mills Stock Up 1.2 %
NYSE GIS opened at $74.63 on Tuesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.65 and a quick ratio of 0.38. The stock has a market capitalization of $41.65 billion, a PE ratio of 17.32, a PEG ratio of 3.86 and a beta of 0.10. General Mills has a 1 year low of $60.33 and a 1 year high of $75.90. The business’s 50-day moving average is $68.97 and its 200 day moving average is $68.28.
General Mills Increases Dividend
Wall Street Analyst Weigh In
GIS has been the subject of a number of research analyst reports. Argus restated a “hold” rating on shares of General Mills in a research report on Tuesday, July 16th. Bank of America boosted their price objective on shares of General Mills from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, September 12th. Wells Fargo & Company boosted their target price on shares of General Mills from $67.00 to $75.00 and gave the company an “equal weight” rating in a research report on Friday. Evercore ISI decreased their price objective on shares of General Mills from $76.00 to $72.00 and set an “in-line” rating for the company in a research report on Friday, June 28th. Finally, Citigroup boosted their target price on shares of General Mills from $68.00 to $76.00 and gave the stock a “neutral” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $70.60.
Check Out Our Latest Analysis on GIS
General Mills Company Profile
General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.
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