General Mills (GIS) Expected to Release Earnings on Wednesday

Key Points

• General Mills is expected to report fiscal Q1 2027 results before the market opens on September 23. Analysts forecast earnings of $0.718 per share and revenue of $4.34 billion; the company’s full-year EPS guidance is $3.00–$3.20.
• In its previous quarter, General Mills reported EPS of $0.95, beating estimates by $0.15, while revenue rose 1.2% year over year to $4.61 billion.
• The stock recently traded at $36.55, while analysts have a consensus “Reduce” rating and an average price target of $38.95. General Mills also offers a quarterly dividend of $0.61 per share, representing a 6.7% annualized yield.

General Mills (NYSE:GIS - Get Free Report) is expected to be releasing its Q1 2027 Prepared remarks results before the market opens on Wednesday, September 23rd. Analysts expect the company to announce earnings of $0.7180 per share and revenue of $4.3408 billion for the quarter. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. Individuals may visit the the company's upcoming Q1 2027 Prepared remarks earning report page for the latest details on the call scheduled for Wednesday, September 23, 2026 at 7:00 AM ET.

General Mills (NYSE:GIS - Get Free Report) last announced its earnings results on Wednesday, July 1st. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.80 by $0.15. General Mills had a negative net margin of 0.48% and a positive return on equity of 21.37%. The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter in the prior year, the company posted $0.53 earnings per share. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. On average, analysts expect General Mills to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

General Mills Stock Up 0.2%

General Mills stock opened at $36.55 on Wednesday. General Mills has a fifty-two week low of $31.75 and a fifty-two week high of $51.33. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.40 and a current ratio of 0.68. The firm's 50-day simple moving average is $37.86 and its 200 day simple moving average is $36.75. The stock has a market cap of $19.54 billion, a PE ratio of -203.07, a price-to-earnings-growth ratio of 1.98 and a beta of -0.01.

General Mills Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were given a dividend of $0.61 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.44 annualized dividend and a dividend yield of 6.7%. General Mills's dividend payout ratio (DPR) is currently -1,355.56%.

Analysts Set New Price Targets

GIS has been the topic of a number of research analyst reports. BNP Paribas Exane boosted their target price on General Mills from $37.00 to $38.00 and gave the stock a "neutral" rating in a research note on Thursday, July 2nd. Bank of America boosted their price objective on General Mills from $39.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 1st. JPMorgan Chase & Co. raised their target price on General Mills from $31.00 to $35.00 and gave the company an "underweight" rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of General Mills from $32.00 to $33.00 and gave the stock a "hold" rating in a report on Thursday, July 2nd. Finally, Sanford C. Bernstein lowered shares of General Mills from a "market perform" rating to an "underperform" rating and set a $31.00 price target for the company. in a research report on Wednesday, June 3rd. Four analysts have rated the stock with a Buy rating, twelve have given a Hold rating and six have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, General Mills has an average rating of "Reduce" and a consensus price target of $38.95.

General Mills Company Profile

General Mills, Inc is a global food company that manufactures and markets branded consumer food products. Its portfolio includes cereals, snacks, refrigerated and shelf-stable meals, baking products, yogurt, and pet food.

The company's brands include Cheerios, Betty Crocker, Pillsbury, Nature Valley, Old El Paso, Yoplait, Blue Buffalo, and Häagen-Dazs in markets where it owns or licenses the brand. General Mills sells its products through grocery stores, mass merchants, convenience stores, e-commerce channels, restaurants, and other foodservice providers.

General Mills traces its history to the Minneapolis Milling Company, founded in 1856, and adopted the General Mills name in 1928.

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