General Mills (GIS) reported that its second-quarter adjusted earnings per share improved 11 percent year-on-year in constant currency to $0.95. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $0.88, for the quarter. Analysts' estimates typically exclude special items. Adjusted operating profit was $813 million, up 7 percent in constant currency, primarily driven by higher adjusted gross margin and lower consumer promotional expense, partially offset by higher media expense.
from RTT - Earnings https://ift.tt/2sIg6pS
via IFTTT
No comments:
Post a Comment