General Mills Earnings: What To Look For From GIS
Packaged foods company General Mills (NYSE:GIS) will be reporting earnings this Wednesday before market hours. Here's what investors should know.
General Mills missed analysts' revenue expectations by 2.4% last quarter, reporting revenues of $4.84 billion, down 5% year on year. It was a slower quarter for the company, with a miss of analysts' organic revenue estimates and EBITDA in line with analysts' estimates.
Is General Mills a buy or sell going into earnings? Read our full analysis here, it's free.
This quarter, analysts are expecting General Mills's revenue to decline 2.8% year on year to $4.58 billion, improving from the 6.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.71 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. General Mills has missed Wall Street's revenue estimates four times over the last two years.
With General Mills being the first among its peers to report earnings this season, we don't have anywhere else to look to get a hint at how this quarter will unravel for consumer staples stocks. However, investors in the segment have had steady hands going into earnings, with share prices flat over the last month. General Mills's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $60.10 (compared to the current share price of $53.60).
When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29 minutes ago
- Yahoo
Four Major Drivers of the Gold-Silver Price Ratio
In recent months, gold prices have risen to new record highs, topping $3,500 for the first time before easing to $3,350. Silver prices have also been rising in tandem, peaking at above $37 per ounce but remaining well below its twin highs from 1980 and 2011 (Figure 1). Over time, the relative value of gold and silver as measured by their price ratio has varied amid supply growth, central bank buying, advances in technology (photography and solar panels) as well as the pace of Chinese growth. On a day-to-day basis, gold and silver prices are often highly correlated with a one-year rolling correlation coefficient ranging from 0.68 to 0.95. Currently, the two metals are experiencing their weakest price correlation in over two decades (Figure 2). Moreover, even during periods of high correlation, the gold-silver ratio can move a great deal. During gold's period of outperformance over silver, the gold-silver price ratio (the number of troy ounces of silver it takes to buy a troy ounce of gold) crossed over 100 for the first time since 2020 before falling back towards 90 in June. During the period from 1997 to 2011, one ounce of gold typically bought anywhere from 25 to 83 ounces of silver, so its current trading level of around 90x as expensive as silver is still far from what was once historical norms (Figure 3). At first glance, gold's outperformance relative to silver may seem mysterious from a supply perspective. In recent years, gold mining supply has been around 97 million troy ounces whereas silver mining output has been around 800 million (Figures 4 and 5). Mining production of both gold and silver peaked in the mid-2010s, fell in the late 2010s and then stabilized. Secondary supply (recycled metal) has been rising but secondary supply tends to respond to price changes rather than drive them. But gold has an advantage that silver lacks: central banks. Central banks have been net buyers of gold since 2008 after having been net sellers previously (Figure 6). Central bank buying removes gold from the market permanently or at least until the central banks choose to reduce their holding, which they haven't done since 2007. Net of official central bank transactions, gold supply is lower today than it was in 2005 (Figure 7) while silver supply is up by over 35%. On the demand side, gold and silver are connected through the jewellery market. Unlike silver, however, gold has very few industrial uses (Figure 8). By contrast, silver has a myriad of practical uses. A quarter century ago, the biggest of these applications was photography, but that dwindled from 25% of annual silver mining output to less than 4%, explaining, in part, silver's underperformance relative to gold. On the positive side, silver is finding increased applications in batteries and solar panels. That said, most silver is used for other industrial purposes, and this leaves silver at the mercy of the strength of global industrial demand (Figure 9). Central-bank buying of gold has contributed to its outperformance relative to silver. The decline of photography has hurt silver prices. Growth in solar panel manufacturing may provide support for silver. The gold-silver ratio has been tightly connected to the pace of Chinese growth. Trade inter-market metal spreads with our variety of products from standard-sized benchmarks to smaller-sized contracts. Find out more Erik Norland Economic Research Education Futures Article Metals Gold Silver All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience. CME Group Inc. does not have control over the content, accuracy, quality, or legality, of any third-party product, service, or content advertised on this webpage. The presence of such advertisements on this webpage does not signify any association, partnership, or endorsement of the third-party or its content by CME Group Inc. Full disclaimer Copyright © 2025 CME Group Inc. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29 minutes ago
- Yahoo
Eurocell (LON:ECEL) investors are sitting on a loss of 3.6% if they invested three years ago
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But if you try your hand at stock picking, you risk returning less than the market. Unfortunately, that's been the case for longer term Eurocell plc (LON:ECEL) shareholders, since the share price is down 18% in the last three years, falling well short of the market return of around 25%. It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Eurocell saw its EPS decline at a compound rate of 19% per year, over the last three years. This fall in the EPS is worse than the 6% compound annual share price fall. This suggests that the market retains some optimism around long term earnings stability, despite past EPS declines. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We know that Eurocell has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Eurocell's TSR for the last 3 years was -3.6%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! It's nice to see that Eurocell shareholders have received a total shareholder return of 22% over the last year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 3% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Eurocell you should know about. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Bloomberg
31 minutes ago
- Bloomberg
Oil Prices Should Head Much Lower Again: 3-Minute MLIV
Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
