General Mills: Fiscal Q3 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — General Mills Inc. (GIS) on Wednesday reported fiscal third-quarter net income of $670.1 million.

The Minneapolis-based company said it had net income of $1.17 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.

The maker of Cheerios cereal, Yoplait yogurt and other packaged foods posted revenue of $5.1 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $4.95 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIS at https://www.zacks.com/ap/GIS

Advertisement

Recommended Stories