NEW YORK (TheStreet) -- General Mills(GIS) - Get Report stock is declining 0.27% to $65.96 in early-afternoon trading on Monday ahead of the food manufacturer's fiscal 2016 fourth quarter financial report, due out on Wednesday before the market open.

The Minneapolis-based Cheerios maker is expected to deliver a year-over-year decline in earnings per share and revenue, but some analysts believe the estimates could be conservative.

Wall Street is anticipating earnings of 60 cents per share on revenue of $3.86 billion for the latest quarter, compared with earnings of 75 cents per share on revenue of $4.3 billion for the same quarter last year.

Credit Suisse analysts believe General Mills could beat estimates because of improving cereal sales and cost saving initiatives.

"There are a lot of headwinds and tailwinds to consider in 4Q, but at the end of the day we find the $0.60 implied by management's guidance (down $0.15 year-over-year) highly conservative," analysts wrote in a recent note.

Separately, General Mills has a "buy" rating and a letter grade of A at TheStreet Ratings because of the company's solid stock price performance, notable return on equity, expanding profit margins, good cash flow from operations and growth in earnings per share.

You can view the full analysis from the report here: GIS

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

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