20.03.2024 12:05:45 - dpa-AFX: General Mills Q3 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - General Mills (GIS) revealed earnings for its third
quarter that increased from the same period last year and beat the Street
estimates.

The company's bottom line totaled $670.1 million, or $1.17 per share. This
compares with $553.1 million, or $0.92 per share, in last year's third quarter.

Excluding items, General Mills reported adjusted earnings of $1.17 per share for
the period.

Analysts on average had expected the company to earn $1.05 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 0.6% to $5.10 billion from $5.13
billion last year.

General Mills earnings at a glance (GAAP) :

-Earnings (Q3): $670.1 Mln. vs. $553.1 Mln. last year.
-EPS (Q3): $1.17 vs. $0.92 last year.
-Revenue (Q3): $5.10 Bln vs. $5.13 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
General Mills 853862 NYSE 67,365 05.06.24 21:58:03 -0,775 -1,14% 67,370 67,380 67,800 68,140

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