Investing.com - General Mills (NYSE:GIS) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
General Mills announced earnings per share of $1.06 on revenue of $4.72B. Analysts polled by Investing.com anticipated EPS of $0.9693 on revenue of $4.64B.
General Mills shares are up 10% from the beginning of the year and are trading at $58.92 , down-from-52-week-high.They are under-performing the S&P 500 which is up 14.56% from the start of the year.
General Mills follows other major Consumer/Non-Cyclical sector earnings this month
General Mills's report follows an earnings missed by Brown Forman A on Tuesday, December 8, 2020, who reported EPS of $0.5 on revenue of $985M, compared to forecasts EPS of $0.5078 on revenue of $967.74M.
Brown Forman had missed expectations on Tuesday, December 8, 2020 with second quarter EPS of $0.5 on revenue of $985M, compared to forecast for EPS of $0.5134 on revenue of $967.74M.
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