General Mills (GIS) Q3 Earnings Top Estimates, Sales Down Y/Y
General Mills(GIS) Zacks Investment Research·2024-03-21 02:20
General Mills, Inc. (GIS) posted third-quarter fiscal 2024 results, with the bottom line surpassing the Zacks Consensus Estimate and increasing year over year. The top line surpassed the consensus mark but declined from the year-ago quarter’s level. Management reaffirmed its fiscal 2024 guidance.Quarterly HighlightsGeneral Mills posted adjusted earnings of $1.17 per share, surpassing the Zacks Consensus Estimate of $1.04. The bottom line rose 22% year over year on a constant-currency (cc) basis. The upside ...