“General Mills reported quarterly earnings Wednesday that beat analysts’ expectations.
The food maker’s shares rose in pre-market trading before the opening bell, following the news. (Click here to get real-time quotes for General Mills.)
Earnings excluding items rose to $541.6 million, or 82 cents per share, from $444.8 million, or 67 cents per share, in the year earlier period.
Revenue rose to $4.88 billion from $4.62 billion a year earlier, helped by its Yoki Alimentos business in Brazil.
Wall Street had expected General Mills to report earnings excluding items of 79 cents a share on $4.88 billion in revenue, according to Thomson Reuters consensus estimates. “
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