General Mills (GIS) Expected to Announce Earnings on Wednesday

General Mills (NYSE:GIS) is anticipated to post its Q1 2027 Prepared remarks results before the market opens on Wednesday, September 23rd. Analysts expect the company to announce earnings of $0.7170 per share and revenue of $4.3513 billion for the quarter. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. Interested persons can find conference call details on 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 issued its quarterly earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $4.61 billion during the quarter, compared to analyst estimates of $4.59 billion. During the same quarter last year, the business posted $0.53 EPS. General Mills’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 $36.32 on Monday. The stock has a market capitalization of $19.42 billion, a P/E ratio of -201.77, a P/E/G ratio of 1.98 and a beta of -0.01. General Mills has a 52-week low of $31.75 and a 52-week high of $51.33. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.40 and a current ratio of 0.68. The stock’s 50-day simple moving average is $37.89 and its 200 day simple moving average is $36.58.

General Mills Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Friday, July 10th. General Mills’s dividend payout ratio (DPR) is -1,355.56%.

Analyst Upgrades and Downgrades

GIS has been the topic of several recent analyst reports. TD Cowen lowered their price target on General Mills from $32.00 to $31.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. Morgan Stanley decreased their target price on shares of General Mills from $37.00 to $32.00 and set an “underweight” rating on the stock in a research report on Friday, June 5th. Jefferies Financial Group set a $35.00 price target on shares of General Mills in a research note on Thursday, September 10th. Zacks Research upgraded shares of General Mills from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, BNP Paribas Exane raised their price objective on General Mills from $37.00 to $38.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $37.00.

About General Mills

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.