General Mills Analysts Cut Their Forecasts After Q3 Results

General Mills, Inc. (NYSE:GIS) on Wednesday posted weaker-than-expected quarterly earnings despite slightly topping revenue estimates.The company reported third-quarter adjusted earnings per share of 64 cents, missing the analyst consensus estimate of 73 cents. Quarterly sales of $4.437 billion (down 8% year over year) outpaced the Street view of $4.417 billion."We started the year expecting that our investments, divestitures, and unfavorable timing comparisons would drive declines in our sales and earnings ...