General Mills (NYSE:GIS) reported its Q4 earnings results on Wednesday, June 28, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
General Mills beat estimated earnings by 4.67%, reporting an EPS of $1.12 versus an estimate of $1.07.
Revenue was up $139.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 3.23% increase in the share price the next day.
Here’s a look at General Mills’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.92 | 1.06 | 1 | 1.01 |
| EPS Actual | 0.97 | 1.10 | 1.11 | 1.12 |
| Revenue Estimate | 4.97B | 5.19B | 4.72B | 4.81B |
| Revenue Actual | 5.13B | 5.22B | 4.72B | 4.89B |
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.