NEW YORK (TheStreet) -- General Mills Inc. (GIS) is scheduled to report its fiscal 2015 second quarter earnings results before the market open tomorrow morning, and analysts are expecting the branded consumer foods maker to post a year-over-year decline in earnings per share and revenue for the latest quarter.
Analysts polled by Thomson Reuters are expecting the Cheerios, Green Giant, Pillsbury, and Progresso distributor to report earnings per share of 77 cents, on revenue of $4.79 billion for the 2015 fiscal second quarter.
For the fiscal 2014 second quarter General Mills earnings were 83 cents per share, on revenue of $4.88 billion for the quarter.
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Shares of General Mills are flat in early morning trading on Tuesday.
Separately, TheStreet Ratings team rates GENERAL MILLS INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate GENERAL MILLS INC (GIS) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."