What to Expect When General Mills (GIS) Reports Earnings Results Tomorrow

NEW YORK (TheStreet) -- General Mills Inc. (GIS) is scheduled to release its fiscal 2015 fourth quarter earnings results before the market open on Wednesday morning. Analysts are expecting the branded and packaged foods company to report a year-over-year rise in earnings per share and revenue for the most recent quarter.

Analysts polled by Thomson Reuters have forecast General Mills to post earnings of 71 cents per share on revenue of $4.53 billion for the quarter ended May 2015.

Last year, General Mills said its adjusted earnings were 65 cents per diluted share on net sales of $4.3 billion for the fiscal 2014 fourth quarter.

Shares of General Mills are down by 0.04% to $56.04 in mid-morning trading on Tuesday.

General Mills is a Minneapolis, MN.-based food maker with brands and products including Cheerios, Pillsbury, Haagen-Dazs ice cream, Green Giant, Yoplait and Progresso.

Separately, TheStreet Ratings team rates GENERAL MILLS INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate GENERAL MILLS INC (GIS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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