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General Mills Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga06-24 20:44

General Mills, Inc. (NYSE:GIS) will release its fourth quarter earnings report after the closing bell on Wednesday, July 1.

Analysts expect the Minneapolis, Minnesota-based company to report quarterly earnings of 80 cents per share, up from 74 cents per share in the year-ago period. The consensus estimate for General Mills’ quarterly revenue is $4.6 billion. It reported $4.56 billion last year, according to Benzinga Pro.

On June 1, General Mills announced that it has agreed to sell its Häagen-dazs shops in Mainland China to an investor group for an undisclosed amount.

General Mills shares gained 3.3% to close at $34.43 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Morgan Stanley analyst Megan Alexander maintained an Underweight rating and cut the price target from $37 to $32 on June 5, 2026. This analyst has an accuracy rate of 56%.
  • UBS analyst Peter Grom maintained the stock with a Sell rating and cut the price target from $35 to $30 on June 2, 2026. This analyst has an accuracy rate of 60%.
  • B of A Securities analyst Peter Galbo maintained a Neutral rating and cut the price target from $42 to $36 on May 28, 2026. This analyst has an accuracy rate of 57%.
  • Wells Fargo analyst Chris Carey maintained an Underweight rating and slashed the price target from $33 to $30 on May 18, 2026. This analyst has an accuracy rate of 65%.
  • Piper Sandler analyst Michael Lavery maintained an Overweight rating and cut the price target from $45 to $41 on May 13, 2026. This analyst has an accuracy rate of 62%.

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

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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