30.06.2021 13:06:13
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General Mills Q4 adjusted earnings Beat Estimates
(RTTNews) - General Mills (GIS) revealed earnings for fourth quarter that decreased from the same period last year.
The company's bottom line totaled $416.8 million, or $0.68 per share. This compares with $625.7 million, or $1.02 per share, in last year's fourth 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 fell 10.0% to $4.52 billion from $5.02 billion last year.
General Mills earnings at a glance:
-EPS (Q4): $0.91 vs. $1.10 last year. -Analysts Estimate: $0.84 -Revenue (Q4): $4.52 Bln vs. $5.02 Bln last year.
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