Unlocking Q1 Potential of General Mills (GIS): Exploring Wall Street Estimates for Key Metrics

Core Insights - Analysts expect General Mills (GIS) to report quarterly earnings of $0.81 per share, reflecting a year-over-year decline of 24.3% [1] - Revenue projections stand at $4.5 billion, down 7.1% from the same quarter last year [1] - The consensus EPS estimate has been adjusted downward by 0.4% over the past 30 days, indicating a reassessment by analysts [1][2] Revenue Estimates - 'Net Sales- North America Foodservice' is projected at $520.62 million, a decrease of 2.9% year-over-year [4] - 'Net Sales- International' is expected to reach $730.95 million, indicating a growth of 2% from the previous year [4] - 'Net Sales- North America Pet' is forecasted at $619.93 million, suggesting a year-over-year increase of 7.6% [4] - 'Net Sales- North America Retail' is estimated at $2.65 billion, reflecting a decline of 12% compared to last year [5] Operating Profit Estimates - 'Operating Profit- North America Retail' is expected to be $568.88 million, down from $745.70 million in the prior year [5] - 'Operating Profit- North America Foodservice' is projected at $71.73 million, slightly up from $71.50 million year-over-year [6] - 'Operating Profit- North America Pet' is estimated at $116.79 million, down from $119.40 million in the same quarter last year [6] - 'Operating Profit- International' is forecasted to reach $26.45 million, an increase from $20.90 million reported last year [7] Market Performance - Shares of General Mills have changed by +1.9% over the past month, compared to a +3.4% increase in the Zacks S&P 500 composite [7] - General Mills holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near future [7]