Top Wall Street Forecasters Revamp General Mills Price Expectations Ahead Of Q3 Earnings

General Mills, Inc. (NYSE:GIS) will release its third-quarter financial results, before the opening bell, on Wednesday, March 19.

Analysts expect the company to report quarterly earnings at 96 cents per share, down from $1.17 per share in the year-ago period. General Mills projects quarterly revenue of $4.95 billion, compared to $5.1 billion a year earlier, according to data from Benzinga Pro.

On Jan. 27, General Mills finalized the sale of its Canadian yogurt division to Sodiaal. The transaction includes the Canadian operations of well-known yogurt brands such as Yoplait and Liberté, as well as a production facility in Saint-Hyacinthe, Québec..

General Mills shares gained 2.3% to close at $60.94 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. ...