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General Mills reported earnings of $343.2 million, or 56 cents per share, down from $410.6 million, or 64 cents per share, a year ago. Adjusted earnings were 70 cents per share, above analysts’ view of 67 cents per share.
Revenue
Sales dipped 1% to $4.35 billion from $4.38 billion last year. Analysts expected to see revenue of $4.35 billion.
Outlook
Looking ahead, General Mills expects to see FY2015 EPS to grow at a low single-digit rate, while analysts’ expect to see EPS of $2.82.
Symbol | Mutual Fund | Stake |
---|---|---|
{% mutualfund VTSMX %} | Vanguard Total Stock Market Index | 1.72% |
MEIAX | MFS Value | 1.61% |
LCEAX | Invesco Diversified Dividend | 1.09% |
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General Mills reported earnings of $343.2 million, or 56 cents per share, down from $410.6 million, or 64 cents per share, a year ago. Adjusted earnings were 70 cents per share, above analysts’ view of 67 cents per share.
Revenue
Sales dipped 1% to $4.35 billion from $4.38 billion last year. Analysts expected to see revenue of $4.35 billion.
Outlook
Looking ahead, General Mills expects to see FY2015 EPS to grow at a low single-digit rate, while analysts’ expect to see EPS of $2.82.
Symbol | Mutual Fund | Stake |
---|---|---|
{% mutualfund VTSMX %} | Vanguard Total Stock Market Index | 1.72% |
MEIAX | MFS Value | 1.61% |
LCEAX | Invesco Diversified Dividend | 1.09% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Concerns about inflation have investors looking for safe and robust returns in the...
News
Iuri Struta
|
After weeks of poor performance, markets have reversed losses and small-caps have been...
Justin Kuepper
|
Let's take a look at how these trends have played out in actively-managed...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
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Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
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Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...