General Mills GIS reported its first quarter results on Wednesday, September 21, 2022 at 07:00.
Here’s what investors need to know about the announcement.
merits
General Mills beat estimated earnings by 11.0% and reported earnings per share of $1.11 versus an estimate of $1.0.
Revenue increased by $177.60 million over the same period last year.
Past Earnings Development
In its most recent quarter, the company beat earnings per share by $0.11, followed by a 0.98% gain in its share price the next day.
Here’s a look at General Mills’ performance to date:
quarter
Q4 2022
Q3 2022
Q2 2022
Q1 2022
EPS estimate
1.01
0.78
1.05
0.89
EPS actually
1.12
0.84
0.99
0.99
Revenue (estimated
4.81B
4.56B
4.84B
4.29B
revenue is
4.89 billion
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.
Read full story here https://www.benzinga.com/news/earnings/22/09/28945327/general-mills-q1-earnings-insights
