General Mills: Fiscal Q4 Earnings Snapshot
The Minneapolis-based company said it had profit of 53 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, were 74 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.
The maker of Cheerios cereal, Yoplait yogurt and other packaged foods posted revenue of $4.56 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $4.6 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIS at https://www.zacks.com/ap/GIS
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