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General Mills GIS reported its Q1 earnings results on Wednesday, September 21, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
General Mills beat estimated earnings by 11.0%, reporting an EPS of $1.11 versus an estimate of $1.0.
Revenue was up $177.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 0.98% increase in the share price the next day.
Here’s a look at General Mills’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.01 | 0.78 | 1.05 | 0.89 |
| EPS Actual | 1.12 | 0.84 | 0.99 | 0.99 |
| Revenue Estimate | 4.81B | 4.56B | 4.84B | 4.29B |
| Revenue Actual | 4.89B | 4.54B | 5.02B | 4.54B |
To track all earnings releases for General Mills visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.