General Mills (GIS) sees Q1 adj-EPS below year-ago levels
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General Mills (GIS) PT, Estimates Cut at BofA/Merrill Lynch
June 26, 2014 8:45 AM EDTBofA/Merrill Lynch analyst Bryan Spillane reiterated a Neutral rating on General Mills (NYSE: GIS) cut estimates and lowered his price target to $55.00 (from $56.00) following weak Q4 results driven by weaker-than-expected sales growth and gross margin expansion.
The firm is lowering FY15/FY16 estimates to... More
Barclays Downgrades General Mills (GIS) to Equalweight
June 25, 2014 2:37 PM EDTBarclays downgraded General Mills (NYSE: GIS) from Overweight to Equalweight.
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 $53.70 yesterday.
... MoreGeneral Mills, Inc. (GIS) Misses Q4 EPS by 5c; Plans Cost-Cutting Initiatives
June 25, 2014 6:57 AM EDTGeneral Mills, Inc. (NYSE: GIS) reported Q4 EPS of $0.67, $0.05 worse than the analyst estimate of $0.72. Revenue for the quarter came in at $4.28 billion versus the consensus estimate of $4.42 billion.
General Mills Chairman and Chief Executive Officer Ken Powell said, "Our plans for 2014 called for sales and earnings growth consistent with our long-term business model, along with increased cash returns to shareholders. We made good progress building our worldwide food businesses, and we returned more than... More
