UPDATE: General Mills Posts Downbeat Q2 Profit

Loading...
Loading...
General Mills
GIS
reported a 1.5% gain in its second-quarter profit. General Mills' quarterly profit surged to $549.9 million, or $0.84 per share, versus a year-ago profit of $541.6 million, or $0.82 per share. Its adjusted earnings dropped to $0.83 from $0.86 per share. Its revenue declined to $4.876 billion from $4.882 billion. However, analysts were projecting earnings of $0.88 per share on revenue of $4.95 billion. General Mills shares fell 2.68% to $48.25 in pre-market trading.
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...