General Mills Reports Fiscal 2025 Second-Quarter Results and Updates Full-Year Outlook

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Go back to General Mills Reports Fiscal 2025 Second-Quarter Results and Updates Full-Year Outlook

General Mills (GIS) PT Lowered to $67 at Citi

December 19, 2024 4:23 AM EST

Citi analyst Thomas Palmer lowered the price target on General Mills (NYSE: GIS) to $67.00 (from $71.00) while maintaining a Neutral rating.

The analyst comments "Following a FY25 guidance cut (initial take), the GIS shares were down 3% today. We appreciate that GIS is... More

General Mills (GIS) PT Lowered to $66 at Jefferies

December 18, 2024 4:27 PM EST

Jefferies analyst Rob Dickerson lowered the price target on General Mills (NYSE: GIS) to $66.00 (from $67.00) while maintaining a Hold rating.

The analyst comments "More price investment needed to drive demand was the Q2 GIS theme and is a dynamic that we expect to... More

General Mills (GIS) Tops Q2 EPS by 18c, Beats on Revenue; Offers FY25 Guidance

December 18, 2024 7:02 AM EST

General Mills (NYSE: GIS) reported Q2 EPS of $1.40, $0.18 better than the analyst estimate of $1.22. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.14 billion.

Based on the above assumptions, the company updated its full-year fiscal 2025 financial targets²:

Organic net sales are still expected to range between flat and up 1 percent, with the company... More