General Mills Stock Rises After Q1 Earnings Top Wall Street Estimates
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General Mills, Inc. shares rose 1.36% to $49.84 after reporting Q1 fiscal 2026 earnings that exceeded Wall Street expectations, with adjusted EPS at 86 cents versus the forecast of 81 cents. Revenue reached $4.52 billion, slightly above the $4.51 billion estimate. The company reaffirmed its fiscal outlook, projecting a 10-15% decline in adjusted operating profit and EPS in constant currency. RBC Capital Markets analyst Nik Modi maintained an Outperform rating with a $63 price target, noting growth in India, North Asia, and Europe, and ongoing pricing adjustments across its portfolio.
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