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General Mills (GIS) released a profit for its third quarter that climbed from the same period last year.


RTTNews | Mar 24, 2021 07:07AM EDT

07:06 Wednesday, March 24, 2021 (RTTNews.com) - General Mills (GIS) released a profit for its third quarter that climbed from the same period last year.

The company's bottom line totaled $595.7 million, or $0.96 per share. This compares with $454.1 million, or $0.74 per share, in last year's third quarter.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.1% to $4.52 billion from $4.18 billion last year.

General Mills earnings at a glance:

-EPS (Q3): $0.82 vs. $0.77 last year.-Analysts Estimate: $0.84-Revenue (Q3): $4.52 Bln vs. $4.18 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3179791/general-mills-q3-adjusted-earnings-miss-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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