Earnings Preview For General Mills
Portfolio Pulse from Benzinga Insights
General Mills (NYSE:GIS) is scheduled to release its quarterly earnings report on March 20, 2024, with an expected EPS of $1.04. Analysts and investors are particularly interested in the company's guidance for future growth. Historical data shows mixed reactions to past earnings reports, with minor share price movements following the announcements. Currently, General Mills shares are trading at $67.74, marking a 14.54% decline over the last year.
March 19, 2024 | 6:00 pm
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General Mills is expected to report an EPS of $1.04 for the upcoming quarter, with a focus on future guidance. Shares have declined by 14.54% over the past year.
The expected EPS and the company's guidance for future growth are key factors that could influence General Mills' stock price in the short term. However, the historical mixed reaction to earnings reports and the current negative year-to-date performance suggest a cautious outlook. The focus on guidance rather than just beating or missing EPS estimates indicates that any significant positive or negative future outlook provided by the company could sway the stock price more substantially.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100