Stay Ahead of the Game With General Mills (GIS) Q4 Earnings: Wall Street's Insights on Key Metrics

Core Viewpoint - Analysts expect General Mills to report quarterly earnings of $0.71 per share, reflecting a year-over-year decline of 29.7%, with revenues projected at $4.6 billion, down 2.4% from the previous year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding stocks, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [2] Key Metrics Forecast - Analysts estimate 'Net Sales- North America Foodservice' at $593.35 million, indicating a year-over-year change of +0.7% [4] - 'Net Sales- International' is expected to reach $671.56 million, reflecting a +0.6% change from the year-ago quarter [4] - 'Net Sales- North America Pet' is projected at $646.14 million, showing a year-over-year increase of +7.3% [4] - 'Net Sales- North America Retail' is anticipated to be $2.71 billion, indicating a -5% change from the prior-year quarter [5] Operating Profit Estimates - 'Operating Profit- North America Retail' is expected to be $492.98 million, down from $670.10 million year-over-year [5] - 'Operating Profit- International' is projected at $32.83 million, compared to $22.40 million from the previous year [6] - 'Operating Profit- North America Pet' is estimated at $124.25 million, down from $143.90 million year-over-year [6] - 'Operating Profit- North America Foodservice' is expected to be $78.51 million, slightly down from $79.20 million year-ago [6] Stock Performance - Over the past month, General Mills shares have returned -0.8%, while the Zacks S&P 500 composite has changed by +0.6% [7] - General Mills currently holds a Zacks Rank 4 (Sell), indicating potential underperformance compared to the overall market in the near future [7]