Earnings Summary

General Mills, Inc.’s revenue fell -0.52% since last year same period to $5099.2Mn in the Q1 2024. On a quarterly growth basis, General Mills, Inc. has generated -0.78% fall in its revenue since last 3-months.

General Mills, Inc.’s net profit jumped 21.15% since last year same period to $670.1Mn in the Q1 2024. On a quarterly growth basis, General Mills, Inc. has generated 12.53% jump in its net profits since last 3-months.

General Mills, Inc.’s net profit margin jumped 21.79% since last year same period to 13.14% in the Q1 2024. On a quarterly growth basis, General Mills, Inc. has generated 13.41% jump in its net profit margins since last 3-months.

General Mills, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 16.32.

General Mills, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1 - a -4.76% fall from last quarter’s estimates.

General Mills, Inc.’s earning per share (EPS) estimates for the current year stand at 1.

General Mills, Inc.’s earning per share (EPS) jumped 20.62% since last year same period to 1.17 in the Q1 2024. This indicates that the General Mills, Inc. has generated 20.62% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. General Mills, Inc.’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. General Mills, Inc.’s return on equity (ROE) stands at 0.26.

General Mills, Inc. declared 0.59 dividend per share during the earnings announcement for Q1 2024.