General Mills (GIS) Projected to Post Quarterly Earnings on Wednesday

General Mills (NYSE:GIS) is expected to issue its Q1 2027 Prepared remarks results before the market opens on Wednesday, September 23rd. Analysts expect General Mills to announce earnings of $0.7170 per share and revenue of $4.3514 billion for the quarter. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. Investors are encouraged to explore the company’s upcoming Q1 2027 Prepared remarks earning report for the latest details on the call scheduled for Wednesday, September 23, 2026 at 7:00 AM ET.

General Mills (NYSE:GIS) last released its quarterly earnings data on Wednesday, July 1st. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.15. General Mills had a negative net margin of 0.48% and a positive return on equity of 21.37%. The business had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same period in the prior year, the company earned $0.53 EPS. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, analysts expect General Mills to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

General Mills Stock Performance

Shares of General Mills stock opened at $35.54 on Tuesday. The company’s 50 day moving average price is $37.87 and its two-hundred day moving average price is $36.51. The firm has a market capitalization of $19.00 billion, a P/E ratio of -197.43, a P/E/G ratio of 1.98 and a beta of -0.01. General Mills has a fifty-two week low of $31.75 and a fifty-two week high of $51.33. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.68 and a quick ratio of 0.40.

General Mills Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were issued a dividend of $0.61 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.44 annualized dividend and a dividend yield of 6.9%. General Mills’s dividend payout ratio (DPR) is -1,355.56%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on GIS shares. UBS Group reaffirmed a “sell” rating on shares of General Mills in a research note on Wednesday, September 16th. BNP Paribas Exane increased their price objective on shares of General Mills from $37.00 to $38.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $36.00 price target on shares of General Mills in a research report on Tuesday, June 2nd. Jefferies Financial Group set a $35.00 price target on General Mills in a report on Thursday, September 10th. Finally, Evercore set a $38.00 price objective on General Mills in a research note on Monday, September 14th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $36.41.

Trending Headlines about General Mills

Here are the key news stories impacting General Mills this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its Outperform rating and set a $45 price target, implying substantial upside from recent trading levels. Benzinga General Mills dividend and earnings article
• Positive Sentiment: General Mills’ product innovation, premium offerings and expanded distribution may support brand engagement and help the company deliver a first-quarter performance better than feared. Zacks General Mills earnings preview
• Neutral Sentiment: General Mills is scheduled to report fiscal first-quarter results this week, making the earnings release, management commentary and updated guidance the key near-term catalysts. TipRanks General Mills Q1 earnings article
• Neutral Sentiment: Bank of America Securities maintained a Hold rating, indicating limited conviction ahead of the results. Bank of America General Mills rating
• Negative Sentiment: RBC warned that General Mills is likely to miss fiscal first-quarter earnings estimates because of persistent inflation and shipment-timing issues. This is the clearest immediate catalyst weighing on the stock. Yahoo Finance General Mills earnings miss article
• Negative Sentiment: Pre-earnings commentary points to expected declines in first-quarter revenue and EPS, reinforcing concerns about consumer demand, costs and the sustainability of General Mills’ dividend-heavy investment case. Benzinga General Mills earnings expectations

General Mills Company Profile

General Mills, Inc is a global food company that manufactures and markets branded consumer food products. Its portfolio includes cereals, snacks, refrigerated and shelf-stable meals, baking products, yogurt, and pet food.

The company’s brands include Cheerios, Betty Crocker, Pillsbury, Nature Valley, Old El Paso, Yoplait, Blue Buffalo, and Häagen-Dazs in markets where it owns or licenses the brand. General Mills sells its products through grocery stores, mass merchants, convenience stores, e-commerce channels, restaurants, and other foodservice providers.

General Mills traces its history to the Minneapolis Milling Company, founded in 1856, and adopted the General Mills name in 1928.