Here's How General Mills (GIS) Is Placed Ahead Of Q3 Earnings

 | Mar 15, 2020 09:58PM ET

General Mills, Inc. (NYSE:GIS) is scheduled to report third-quarter fiscal 2020 results on Mar 18. This global manufacturer and marketer of branded consumer foods delivered a positive earnings surprise of about 8% in the last reported quarter. Moreover, its earnings outperformed the Zacks Consensus Estimate by 10%, on average, in the trailing four quarters.

The Zacks Consensus Estimate for fiscal third-quarter earnings has declined a penny to 74 cents over the past seven days. This suggests a drop of 10.8% from the year-ago period’s reported figure. The consensus mark for revenues is $4,183 million, indicating a 0.4% dip from the figure reported in the year-ago quarter.

General Mills, Inc. Price and EPS Surprise

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