General Mills Reports Fiscal 2018 First-Quarter Results
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General Mills (GIS) PT Lowered to $52 at Morgan Stanley Following 1Q Miss
September 21, 2017 9:08 AM EDTMorgan Stanley lowered its price target on General Mills (NYSE: GIS) to $52.00 (from $55.00) while maintaining a Equalweight rating following 1Q earnings report. GIS reported an EPS miss ($0.71 vs. MSe $0.76), as a weak topline was exacerbated by elevated GM pressures that contributed to a ~9% EBIT... More
General Mills (GIS) PT Lowered to $56 at Susquehanna Following 1Q Release
September 20, 2017 2:17 PM EDTSusquehanna lowered its price target on General Mills (NYSE: GIS) to $56.00 (from $58.00) while maintaining a Neutral rating following the company's 1Q earnings report. GIS kept FY18 guidance despite missing EBIT consensus by 8c. However, the bulk of the miss was gross margin... More
General Mills (GIS) Misses Q1 EPS by 6c
September 20, 2017 7:07 AM EDTGeneral Mills (NYSE: GIS) reported Q1 EPS of $0.71, $0.06 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $3.77 billion versus the consensus estimate of $3.79 billion.
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