General Mills Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
General Mills (NYSE:GIS) is expected to report lower Q4 earnings of $1.06 per share, down from $1.12 per share a year ago, with revenues of $5.17 billion. The stock closed at $81.86 on Monday and added 0.2% in pre-market trading. Analysts from Deutsche Bank, Stifel, JP Morgan, and Credit Suisse have recently updated their price targets for the company.
June 27, 2023 | 12:46 pm
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General Mills is expected to report lower Q4 earnings, with analysts providing mixed price target updates. The stock may experience short-term volatility.
The news of lower expected Q4 earnings for General Mills may have a negative impact on the stock price. However, the mixed price target updates from analysts create uncertainty, which could lead to short-term volatility. The stock's performance will depend on the actual earnings results and market sentiment.
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IMPORTANCE 80
RELEVANCE 100