General Mills (GIS) Q2 Earnings and Revenues Surpass Estimates

General Mills (GIS) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of$ 1.22 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.75%. A quarter ago, it was expected that this maker of Cheerios cereal, Yoplait yogurt and other packaged foods would post earnings of$ 1.05 per share when it actually produced earnings of $1.07, delivering a surpr ...