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Tuesday, September 18, 2018

=General Mills (GIS) reported earnings on Tue 18 Sept 18 (b/o)



General Mills beats by $0.07, reports revs in-line; reaffirms FY19 EPS guidance, revs guidance 
  • Reports Q1 (Aug) earnings of $0.71 per share, $0.07 better than the S&P Capital IQ Consensus of $0.64; revenues rose 8.6% year/year to $4.09 bln vs the $4.12 bln S&P Capital IQ Consensus.
  • Coreaffirms guidancefor FY19, sees EPS of down 0-3% to ~$3.02-3.11 vs. $3.05 S&P Capital IQ Consensus; sees FY19 revs of +9-10% YoY to $1.71 bln vs. $17.16 bln S&P Capital IQ Consensus.

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