General Mills: Q1 Earnings Insights

General Mills: Q1 Earnings Insights

General Mills GIS reported its Q1 earnings results on Wednesday, September 21, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

General Mills beat estimated earnings by 11.0%, reporting an EPS of $1.11 versus an estimate of $1.0.

Revenue was up $177.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 0.98% increase in the share price the next day.

Here's a look at General Mills's past performance:

 

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.01 0.78 1.05 0.89
EPS Actual 1.12 0.84 0.99 0.99
Revenue Estimate 4.81B 4.56B 4.84B 4.29B
Revenue Actual 4.89B 4.54B 5.02B 4.54B

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.

Posted In: BZI-RecapsEarnings