These Analysts Increase Their Forecasts On General Mills After Upbeat Q4 Results

Benzinga07-02 19:50

General Mills Inc. (NYSE:GIS) on Wednesday reported upbeat fiscal fourth-quarter results.

The company reported fourth-quarter net sales of $4.610 billion, up 1% from a year earlier and ahead of the analyst consensus estimate of $4.595 billion. Organic net sales were flat. Adjusted earnings came in at 95 cents per share, up 27% in constant currency and above the Street estimate of 80 cents.

General Mills expects fiscal 2027 organic sales to range from a decline of 1.5% to growth of 0.5%. The company forecast adjusted earnings of $3.00 to $3.20 per share, compared with analysts’ estimate of $3.13. It also expects adjusted operating profit to decline 8% to 13% in constant currency.

General Mills shares fell 0.1% to $37.72 in pre-market trading.

These analysts made changes to their price targets on General Mills following earnings announcement.

Jefferies analyst Scott Marks maintained General Mills with a Hold and raised the price target from $33 to $36.
Wells Fargo analyst Chris Carey maintained the stock with an Underweight rating and raised the price target from $30 to $33.
B of A Securities analyst Peter Galbo maintained the stock with a Neutral and raised the price target from $36 to $39.

Considering buying GIS stock? Here’s what analysts think:

Photo via Shutterstock

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The company forecast adjusted earnings of $3.00 to $3.20 per share, compared with analysts’ estimate of $3.13. It also expects adjusted operating profit to decline 8% to 13% in constant currency.</p>\n<p>General Mills shares fell 0.1% to $37.72 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on General Mills following earnings announcement.</p>\n<ul>\n<li>Jefferies analyst Scott Marks maintained General Mills with a Hold and raised the price target from $33 to $36.</li>\n<li><a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> analyst Chris Carey maintained the stock with an Underweight rating and raised the price target from $30 to $33.</li>\n<li>B of A Securities analyst Peter Galbo maintained the stock with a Neutral and raised the price target from $36 to $39.</li>\n</ul>\n<p><strong>Considering buying GIS stock? 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Organic net sales were flat. Adjusted earnings came in at 95 cents per share, up 27% in constant currency and above the Street estimate of 80 cents.</p>\n<p>General Mills expects fiscal 2027 organic sales to range from a decline of 1.5% to growth of 0.5%. The company forecast adjusted earnings of $3.00 to $3.20 per share, compared with analysts’ estimate of $3.13. It also expects adjusted operating profit to decline 8% to 13% in constant currency.</p>\n<p>General Mills shares fell 0.1% to $37.72 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on General Mills following earnings announcement.</p>\n<ul>\n<li>Jefferies analyst Scott Marks maintained General Mills with a Hold and raised the price target from $33 to $36.</li>\n<li><a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> analyst Chris Carey maintained the stock with an Underweight rating and raised the price target from $30 to $33.</li>\n<li>B of A Securities analyst Peter Galbo maintained the stock with a Neutral and raised the price target from $36 to $39.</li>\n</ul>\n<p><strong>Considering buying GIS stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"443\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/02074812/image-43-1024x443.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/02074812/image-43-1024x443.png 1024w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/02074812/image-43-300x130.png 300w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/02074812/image-43-768x332.png 768w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/02074812/image-43.png 1252w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/07/60241054/these-analysts-increase-their-forecasts-on-general-mills-after-upbeat-q4-results","article_id":"2648502627","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2648502627","pubTimestamp":1782993008,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"General Mills reported strong Q4 results, with net sales of $4.61B and adjusted EPS of $0.95. 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Adjusted earnings came in at 95 cents per share, up 27% in constant currency and above the Street estimate of 80 cents.\nGeneral Mills expects fiscal 2027 organic sales to range from a decline of 1.5% to growth of 0.5%. The company forecast adjusted earnings of $3.00 to $3.20 per share, compared with analysts’ estimate of $3.13. It also expects adjusted operating profit to decline 8% to 13% in constant currency.\nGeneral Mills shares fell 0.1% to $37.72 in pre-market trading.\nThese analysts made changes to their price targets on General Mills following earnings announcement.\n\nJefferies analyst Scott Marks maintained General Mills with a Hold and raised the price target from $33 to $36.\nWells Fargo analyst Chris Carey maintained the stock with an Underweight rating and raised the price target from $30 to $33.\nB of A Securities analyst Peter Galbo maintained the stock with a Neutral and raised the price target from $36 to $39.\n\nConsidering buying GIS stock? 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