24.03.2021 12:06:39

General Mills Q3 adjusted earnings Miss Estimates

(RTTNews) - General Mills (GIS) released a profit for its third quarter that climbed from the same period last year.

The company's bottom line totaled $595.7 million, or $0.96 per share. This compares with $454.1 million, or $0.74 per share, in last year's third quarter.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.1% to $4.52 billion from $4.18 billion last year.

General Mills earnings at a glance:

-EPS (Q3): $0.82 vs. $0.77 last year. -Analysts Estimate: $0.84 -Revenue (Q3): $4.52 Bln vs. $4.18 Bln last year.

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