Earnings Summary

General Mills, Inc.’s revenue jumped 2.84% since last year same period to $5030Mn in the Q2 2023. On a quarterly growth basis, General Mills, Inc. has generated -1.87% fall in its revenue since last 3-months.

General Mills, Inc.’s net profit fell -25.27% since last year same period to $614.9Mn in the Q2 2023. On a quarterly growth basis, General Mills, Inc. has generated 5341.59% jump in its net profits since last 3-months.

General Mills, Inc.’s net profit margin fell -27.33% since last year same period to 12.22% in the Q2 2023. On a quarterly growth basis, General Mills, Inc. has generated 5445.34% jump in its net profit margins since last 3-months.

General Mills, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.9 - a -14.25% fall from last quarter’s estimates.

General Mills, Inc.’s earning per share (EPS) estimates for the current year stand at 0.9.

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 0.06.

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 0.24.