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General Mills Earnings Beat, Revenue Misses In Q1

Sep 21, 2022 07:07AM ET
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Investing.com - General Mills (NYSE:GIS) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

General Mills announced earnings per share of $1.11 on revenue of $4.71B. Analysts polled by Investing.com anticipated EPS of $0.9925 on revenue of $4.72B.

General Mills shares are up 11% from the beginning of the year, still down 3.98% from its 52 week high of $78.54 set on August 24.

General Mills follows other major Consumer Staples sector earnings this month

General Mills's report follows an earnings beat by Alimentation Couchen A on August 30, who reported EPS of $0.85 on revenue of $18.66B, compared to forecasts EPS of $0.725 on revenue of $17.51B.

Brown Forman A had beat expectations on August 31 with first quarter EPS of $0.52 on revenue of $1.01B, compared to forecast for EPS of $0.4719 on revenue of $976.21M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

General Mills Earnings Beat, Revenue Misses In Q1
 

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