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StockNews.com
StockNews.com
Business
Aanchal Sugandh

General Mills (GIS) Earnings Forecast: Stock Signals to Watch

Food maker General Mills, Inc. (GIS) is scheduled to release its fiscal 2024 second quarter financial results on December 20. Wall Street anticipates the company to post earnings per share of $1.16, up 5.3% from last year's quarter. Meanwhile, GIS is expected to generate $5.36 billion in revenue, a 2.6% year-over-year rise.

In the first quarter, GIS demonstrated growth on both the top and bottom lines, navigating an evolving external environment characterized by moderating inflation, stabilized supply chains, and a resilient yet cautious consumer.

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