Post-earnings recap
Reported
Wed, Sep 19, 2012
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
75%
—
Est. EPS
—
Est. Rev
—
Impl. Move
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General Mills reported a better-than-expected EPS for the quarter, which led to a positive stock reaction, rising 1.81%. The company did not provide revenue figures or future guidance, leaving some uncertainty. However, management's comments suggest a commitment to growth, which may reassure investors.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.66 | N/A | +5.77% |
| Revenue | N/A | N/A | N/A |
Management expressed satisfaction with the EPS results, indicating a focus on growth. They emphasized ongoing efforts to strengthen their market position.
We are pleased with our EPS performance this quarter.
Our focus remains on driving growth in key categories.