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General Mills Earnings Estimate

GIS Stock  USD 71.40  1.57  2.25%   
The next projected EPS of General Mills is estimated to be 1.0 with future projections ranging from a low of 1.11 to a high of 1.135. General Mills' most recent 12-month trailing earnings per share (EPS TTM) is at 4.36. Please be aware that the consensus of earnings estimates for General Mills is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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General Mills is projected to generate 1.0 in earnings per share on the 31st of May 2024. General Mills earnings estimates module stress-tests analyst consensus about projected General Mills EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as General Mills, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing General Mills' earnings estimates, investors can diagnose different trends across General Mills' analyst sentiment over time as well as compare current estimates against different timeframes. Gross Profit Margin is likely to gain to 0.47 in 2024, whereas Gross Profit is likely to drop slightly above 4.9 B in 2024.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Mills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.

General Mills Earnings Estimation Breakdown

The calculation of General Mills' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of General Mills is estimated to be 1.0 with the future projection ranging from a low of 1.11 to a high of 1.135. Please be aware that this consensus of annual earnings estimates for General Mills is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.17
1.11
Lowest
Expected EPS
1.0
1.14
Highest

General Mills Earnings Projection Consensus

Suppose the current estimates of General Mills' value are higher than the current market price of the General Mills stock. In this case, investors may conclude that General Mills is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and General Mills' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of May 2024Current EPS (TTM)
2193.82%
1.17
1.0
4.36

General Mills Earnings per Share Projection vs Actual

Actual Earning per Share of General Mills refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering General Mills predict the company's earnings will be in the future. The higher the earnings per share of General Mills, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

General Mills Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as General Mills, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of General Mills should always be considered in relation to other companies to make a more educated investment decision.

General Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact General Mills' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-03-20
2024-02-291.051.170.1211 
2023-12-20
2023-11-301.161.250.09
2023-09-20
2023-08-311.081.090.01
2023-06-28
2023-05-311.071.120.05
2023-03-23
2023-02-280.930.970.04
2022-12-20
2022-11-301.071.10.03
2022-09-21
2022-08-3111.110.1111 
2022-06-29
2022-05-311.011.120.1110 
2022-03-23
2022-02-280.780.840.06
2021-12-21
2021-11-301.050.99-0.06
2021-09-22
2021-08-310.890.990.111 
2021-06-30
2021-05-310.850.910.06
2021-03-24
2021-02-280.840.82-0.02
2020-12-17
2020-11-300.971.060.09
2020-09-23
2020-08-310.871.00.1314 
2020-07-01
2020-05-311.061.10.04
2020-03-18
2020-02-290.760.770.01
2019-12-18
2019-11-300.880.950.07
2019-09-18
2019-08-310.770.790.02
2019-06-26
2019-05-310.770.830.06
2019-03-20
2019-02-280.690.830.1420 
2018-12-19
2018-11-300.810.850.04
2018-09-18
2018-08-310.640.710.0710 
2018-06-27
2018-05-310.720.790.07
2018-03-21
2018-02-280.780.790.01
2017-12-20
2017-11-300.820.820.0
2017-09-20
2017-08-310.760.71-0.05
2017-06-28
2017-05-310.710.730.02
2017-03-21
2017-02-280.710.720.01
2016-12-20
2016-11-300.860.85-0.01
2016-09-21
2016-08-310.750.780.03
2016-06-29
2016-05-310.60.660.0610 
2016-03-23
2016-02-290.620.650.03
2015-12-17
2015-11-300.830.82-0.01
2015-09-22
2015-08-310.690.790.114 
2015-07-01
2015-05-310.710.750.04
2015-03-18
2015-02-280.670.70.03
2014-12-17
2014-11-300.770.80.03
2014-09-17
2014-08-310.690.61-0.0811 
2014-06-25
2014-05-310.720.67-0.05
2014-03-19
2014-02-280.640.62-0.02
2013-12-18
2013-11-300.880.83-0.05
2013-09-18
2013-08-310.70.70.0
2013-06-26
2013-05-310.530.530.0
2013-03-20
2013-02-280.570.640.0712 
2012-12-19
2012-11-300.790.860.07
2012-09-19
2012-08-310.620.660.04
2012-06-27
2012-05-310.590.60.01
2012-03-21
2012-02-290.550.550.0
2011-12-20
2011-11-300.790.76-0.03
2011-09-21
2011-08-310.620.640.02
2011-06-29
2011-05-310.520.520.0
2011-03-23
2011-02-280.560.560.0
2010-12-16
2010-11-300.780.76-0.02
2010-09-22
2010-08-310.630.640.01
2010-06-29
2010-05-310.410.410.0
2010-03-24
2010-02-280.470.490.02
2009-12-17
2009-11-300.720.770.05
2009-09-23
2009-08-310.510.640.1325 
2009-07-01
2009-05-310.40.430.03
2009-03-18
2009-02-280.440.4-0.04
2008-12-17
2008-11-300.610.680.0711 
2008-09-17
2008-08-310.440.480.04
2008-06-25
2008-05-310.360.370.01
2008-03-19
2008-02-290.390.440.0512 
2007-12-19
2007-11-300.640.57-0.0710 
2007-09-19
2007-08-310.40.410.01
2007-06-28
2007-05-310.310.310.0
2007-03-22
2007-02-280.350.370.02
2006-12-21
2006-11-300.520.540.02
2006-09-21
2006-08-310.330.370.0412 
2006-06-29
2006-05-310.310.310.0
2006-03-23
2006-02-280.320.350.03
2005-12-22
2005-11-300.480.510.03
2005-09-22
2005-08-310.280.340.0621 
2005-06-29
2005-05-310.330.32-0.01
2005-03-22
2005-02-280.350.370.02
2004-12-21
2004-11-300.430.50.0716 
2004-09-21
2004-08-310.30.28-0.02
2004-06-30
2004-05-310.360.370.01
2004-03-16
2004-02-290.330.32-0.01
2003-12-17
2003-11-300.430.430.0
2003-09-16
2003-08-310.310.310.0
2003-06-25
2003-05-310.320.320.0
2003-03-19
2003-02-280.330.340.01
2002-12-18
2002-11-300.370.390.02
2002-09-18
2002-08-310.260.280.02
2002-06-26
2002-05-310.130.130.0
2002-03-20
2002-02-280.140.140.0
2001-12-19
2001-11-300.320.320.0
2001-09-17
2001-08-310.290.310.02
2001-06-27
2001-05-310.210.210.0
2001-03-14
2001-02-280.270.270.0
2000-12-13
2000-11-300.340.340.0
2000-09-14
2000-08-310.270.280.01
2000-06-27
2000-05-310.180.190.01
2000-03-15
2000-02-290.250.250.0
1999-12-15
1999-11-300.310.310.0
1999-09-16
1999-08-310.250.250.0
1999-06-29
1999-05-310.160.170.01
1999-03-17
1999-02-280.220.220.0
1998-12-15
1998-11-300.280.280.0
1998-09-16
1998-08-310.230.230.0
1998-06-30
1998-05-310.140.150.01
1998-03-11
1998-02-280.210.2-0.01
1997-12-11
1997-11-300.260.260.0
1997-09-12
1997-08-310.210.210.0
1997-06-26
1997-05-310.110.09-0.0218 
1997-03-12
1997-02-280.20.19-0.01
1996-12-12
1996-11-300.240.250.01
1996-09-16
1996-08-310.20.20.0
1996-06-26
1996-05-310.120.120.0

About General Mills Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of General Mills earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current General Mills estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as General Mills fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings22.8 B24 B
Retained Earnings Total Equity22.8 B13.5 B
Earnings Yield 0.06  0.06 
Price Earnings Ratio 17.71  13.23 
Price Earnings To Growth Ratio 0.77  0.81 

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When determining whether General Mills is a strong investment it is important to analyze General Mills' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Mills' future performance. For an informed investment choice regarding General Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Mills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is General Mills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of General Mills. If investors know General will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about General Mills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.272
Dividend Share
2.31
Earnings Share
4.36
Revenue Per Share
34.686
Quarterly Revenue Growth
(0.01)
The market value of General Mills is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Mills' value that differs from its market value or its book value, called intrinsic value, which is General Mills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because General Mills' market value can be influenced by many factors that don't directly affect General Mills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between General Mills' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Mills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Mills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.