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General Mills Inc Reaffirms FY 2013 EPS Guidance; Comments On FY 2014 EPS Guidance

Tuesday, 19 Feb 2013 06:31am EST 

General Mills Inc reaffirmed its earnings guidance for fiscal 2013, of $2.65 to $2.67 per share, before certain items affecting comparability. The Company also previewed its fiscal 2014 plans, which include stronger EPS growth and increased cash returns to shareholders. The Company expects see stronger growth in immediate future. In December, it has raised earnings outlook for fiscal 2013. And in fiscal 2014, the Company plans call for high single-digit EPS growth, consistent with long-term model. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.68 for fiscal 2013; EPS of $2.90 for fiscal 2014. 

Company Quote

0.06 +0.11%
11:41am EDT