General Mills Reports Fourth-Quarter And Full-Year Fiscal 2017 Results; Provides 2018 Outlook

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General Mills (GIS) PT Lowered to $58 at Susquehanna Following EPS Beat

June 28, 2017 4:32 PM EDT

Susquehanna lowered its price target on General Mills (NYSE: GIS) to $58.00 (from $59.00) while maintaining a Neutral rating. GIS is up following a 2c EPS beat.

FY18 EPS is guided to $3.11-3.14, below the consensus of $3.20. Organic sales growth is anticipated to be down... More

General Mills (GIS) Raises Quarterly Dividend 2.1% to $0.49; 3.5% Yield

June 28, 2017 7:02 AM EDT

General Mills (NYSE: GIS) declared a quarterly dividend of $0.49 per share, or $1.96 annualized. This is a 2.1% increase from the prior dividend of $0.48.

The dividend will be payable on August 1, 2017, to stockholders of record on July 10, 2017, with an ex-dividend date of July 6,... More

General Mills (GIS) Tops Q4 EPS by 2c

June 28, 2017 7:01 AM EDT

General Mills (NYSE: GIS) reported Q4 EPS of $0.73, $0.02 better than the analyst estimate of $0.71. Revenue for the quarter came in at $3.81 billion versus the consensus estimate of $3.76 billion.

Outlook

"We remain committed to our Consumer First strategy and our focus on driving growth and returns for our shareholders,"... More