27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
General Mills (NYSE:GIS) reported its Q4 earnings results on Wednesday, June 29, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
General Mills beat estimated earnings by 10.89%, reporting an EPS of $1.12 versus an estimate of $1.01.
Revenue was up $367.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 3.32% increase in the share price the next day.
Here's a look at General Mills's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.78 | 1.05 | 0.89 | 0.84 |
| EPS Actual | 0.84 | 0.99 | 0.99 | 0.91 |
| Revenue Estimate | 4.56B | 4.84B | 4.29B | 4.36B |
| Revenue Actual | 4.54B | 5.02B | 4.54B | 4.52B |
To track all earnings releases for General Mills visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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