Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

General Mills blue logo

News

What General Mills Earnings Mean For Mutual Fund Investors (GIS)

Shauna O'Brien Mar 18, 2015



Inside GIS’s Results


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.


Quarterly Sales Continue to Fall



Mutual Funds to Watch



The Bottom Line


If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Download Our Free Report

Why 30 trillion is invested in mutual funds book