General Mills (GIS) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Analysts project General Mills (GIS) will report quarterly earnings of $1.05 per share, a decline of 3.7% year over year, with revenues expected to reach $4.78 billion, down 2.5% from the same quarter last year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has been revised down by 0.1% over the last 30 days, indicating a collective reconsideration by analysts [1] - Analysts forecast 'Net Sales- North America Foodservice' to reach $547.87 million, reflecting a change of +2.2% from the year-ago quarter [2] - 'Net Sales- International' is estimated at $699.25 million, indicating a decline of -2.3% from the prior-year quarter [2] - 'Net Sales- Pet' is projected at $557.36 million, suggesting a decrease of -3.9% year over year [2] Group 2: Operating Profit Estimates - 'Net Sales- North America Retail' is expected to reach $2.97 billion, a decline of -3.3% from the prior-year quarter [3] - The consensus estimate for 'Operating Profit- North America Retail' is $754.49 million, down from $798.20 million in the same quarter last year [3] - 'Operating Profit- International' is projected at $36.30 million, compared to $50 million a year ago [3] - 'Operating Profit- Pet' is estimated at $109.91 million, slightly down from $111.20 million in the previous year [3] - 'Operating Profit- North America Foodservice' is expected to reach $65.54 million, up from $59.10 million reported in the same quarter last year [3] Group 3: Stock Performance - General Mills shares have increased by +6.2% in the past month, outperforming the Zacks S&P 500 composite's +4.9% [4] - With a Zacks Rank 3 (Hold), GIS is expected to closely follow overall market performance in the near term [4]