General Mills (GIS) slides despite topping consensus estimates
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CFRA Downgrades General Mills (GIS) to Sell
December 20, 2022 11:38 AM ESTCFRA downgraded General Mills (NYSE: GIS) from Hold to Sell with a price target of $74.00 (from $80.00).
For an analyst ratings summary and ratings history on General Mills click here. For more ratings news on General Mills click here.
Shares of General Mills closed at $87.12 yesterday.
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Investing.com -- Stocks in focus in premarket trade on Tuesday, December 20th. Please refresh for updates.
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General Mills (GIS) PT Raised to $73 at Morgan Stanley
December 20, 2022 8:46 AM ESTMorgan Stanley analyst Pamela Kaufman raised the price target on General Mills (NYSE: GIS) to $73.00 (from $71.00) while maintaining a Overweight rating.... More
General Mills (GIS) Tops Q2 EPS by 4c; Raises Outlook
December 20, 2022 7:02 AM ESTGeneral Mills (NYSE: GIS) reported Q2 EPS of $1.10, $0.04 better than the analyst estimate of $1.06. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.18 billion.
GUIDANCE:
Fiscal 2023 Outlook
General Mills continues to expect the largest factors impacting its performance in fiscal 2023 will be the economic health of consumers, the inflationary cost environment, and the frequency and severity of disruptions in the supply chain. Relative to its previous outlook, the company now expects to generate stronger organic net sales growth through better volume... More
