General Mills Reports Strong Fiscal 2019 Third-Quarter Results And Updates Full-Year Guidance

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General Mills (GIS) PT Raised to $52 at Credit Suisse

March 21, 2019 7:49 AM EDT

Credit Suisse analyst Robert Moskow raised the price target on General Mills (NYSE: GIS) to $52.00 (from $43.00) while maintaining a Neutral rating.

Profit Margins Show Signs of Stabilization in 3Q raising FY19 and FY20 estimates to $3.17 (from $3.06) and $3.26 (from $3.15)... More

General Mills (GIS) PT Raised to $53 at BMO Capital

March 21, 2019 7:00 AM EDT

BMO Capital analyst Kenneth Zaslow raised the price target on General Mills (NYSE: GIS) to $53.00 (from $51.00) while maintaining a Market Perform rating.

Strategic "Flywheel" Beginning to Gain Momentum

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General Mills (GIS) Tops Q3 EPS by 14c, Offers Outlook

March 20, 2019 7:02 AM EDT

General Mills (NYSE: GIS) reported Q3 EPS of $0.83, $0.14 better than the analyst estimate of $0.69. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.19 billion.

Outlook

For the fourth quarter of fiscal 2019, General Mills expects Blue Buffalo's net sales and segment operating profit growth will accelerate meaningfully, driven by significant distribution expansion in the FDM channel. Fourth-quarter results for the... More