General Mills (GIS) Reports Q2 Earnings: What Key Metrics Have to Say

General Mills (GIS) reported $5.24 billion in revenue for the quarter ended November 2024, representing a year-over-year increase of 2%. EPS of $1.40 for the same period compares to $1.25 a year ago.The reported revenue represents a surprise of +1.61% over the Zacks Consensus Estimate of $5.16 billion. With the consensus EPS estimate being $1.22, the EPS surprise was +14.75%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how General Mills performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- North America Foodservice: $630 million versus $599.50 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.3% change. Net Sales- International: $690.60 million versus $713.92 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1.1% change. Net Sales- North America Pet: $595.80 million versus $566.81 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.7% change. Net Sales- North America Retail: $3.32 billion compared to the $3.29 billion average estimate based on four analysts. The reported number represents a change of +0.5% year over year. Operating Profit- North America Retail: $862.30 million compared to the $833.27 million average estimate based on four analysts. Operating Profit- International: $23.80 million versus the four-analyst average estimate of $30.31 million. Operating Profit- North America Pet: $139.30 million versus the four-analyst average estimate of $110.71 million. Operating Profit- North America Foodservice: $118.50 million versus $97.52 million estimated by four analysts on average. View all Key Company Metrics for General Mills here>>>Shares of General Mills have returned +5% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Mills, Inc. (GIS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks