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General Mills stock jumps after earnings beat and raised outlook

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Shares of General Mills jumped 4 percent during premarket trading Wednesday after the company reported earnings.

Shares of General Mills jumped 4 percent during premarket trading Wednesday as the company's cost-cutting initiatives paid off for its profits.

The food company earned 83 cents per share, on an adjusted basis, during the fiscal third quarter, topping the 69 cents per share expected by analysts surveyed by Refinitiv. General Mills also reported revenue in line with estimates of $4.20 billion.

 

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Pakay20 Nice

Advanced Course...for even you, Jamie Diamond. LOL

Extremely key. for. large. asset heavy. coroporations.

More means excellent prefomrrance....'Asset Utilization Effficient'

Less propositonally means.....ineffiencency

So, that's the real issue for General Mills going forward....'gears'

Sales were up...and whether or not its propositional to its costs and cost structure, two different but related things.......

Why?! Lack of previous monetium....so, it starts from at the very least a complete stand still

But, given the depressed nature of its business before...its positive, very positive.......

Could be many things.....

Ok, what does this mean.....?

Let's look at this

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