General Mills, Inc. (GIS) earnings on July 1, 2026
More General Mills, Inc. earnings
Prior outlook: No statistical edge
General Mills stock jumped sharply today, climbing as much as 9% and ending 6.85% higher. Investors responded positively to the earnings report, defying earlier doubts from analysts.
GIS price around the earnings
37.77
Change: +7.8%
2026-07-01, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
Analysts cautious, recent EPS miss, but price shows support.
Analysts maintain a cautious outlook despite a strong history of beating earnings expectations. A recent significant miss on earnings per share is a concern, although the stock price is currently finding support above a resistance level.
Context analyzed before publication
- Summary
- Analysts cautious, recent EPS miss, but price shows support.
- Playbook
- The stock price is currently market review above a resistance level, suggesting technical support. However, this is countered by a prevailing cautious tone from analysts and a recent negative earnings surprise.
- Trend
- Improved from extreme negative to slightly negative.
Analysts
Drivers
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Analysts
Negative
Several major analysts maintain ratings that suggest caution or underperformance, despite the stock's recent price improvement. This indicates a persistent pessimistic sentiment among experts.
Evidence
- Analyst moves in the last 60 days
- 9
- Strong buy: 2
- Buy: 2
- Hold: 11
- Sell: 3
- Strong sell: 2
- Strong buy
- 2
- Buy
- 2
- Hold
- 11
- Sell
- 3
- Strong sell
- 2
- June 26, 2026 · TD Cowen: Maintains rating (Hold → Hold)
- June 25, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- June 5, 2026 · Morgan Stanley: Maintains rating (Underweight → Underweight)
- June 3, 2026 · JP Morgan: Maintains rating (Underweight → Underweight)
- June 2, 2026 · UBS: Maintains rating (Sell → Sell)
- May 28, 2026 · B of A Securities: Maintains rating (Neutral → Neutral)
- May 18, 2026 · Wells Fargo: Maintains rating (Underweight → Underweight)
- May 13, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
- May 12, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
News and sentiment
Drivers
-
News & sentiment
Neutral
There are no significant company-specific news events or catalysts currently driving market sentiment. The focus remains on broader market trends and the upcoming earnings report.
Evidence
Sentiment
- Sentiment
- Neutral
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- General Mills, Nike and 3 Stocks to Watch Heading Into Wednesday — Benzinga
- TD Cowen Maintains Hold on General Mills, Lowers Price Target to $31 — Benzinga
- Evercore ISI Group Maintains In-Line on General Mills, Lowers Price Target to $39 — Benzinga
- General Mills Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call — Benzinga
- Wall Street's Most Accurate Analysts Spotlight On 3 Risk Off Stocks Delivering High-Dividend Yields — Benzinga
- Morgan Stanley Maintains Underweight on General Mills, Lowers Price Target to $32 — Benzinga
Technicals
Drivers
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Technical
Positive
The stock price is currently market review above its nearest resistance level, indicating technical strength. Recent momentum indicators show positive trends over both the short and medium term.
Evidence
- Average true range (ATR)
- 2.8%
- Distance to 52-week high
- -31.7%
- 14-day change (14d)
- +3.3%
- 30-day change (30d)
- +5.5%
- 30-day relative strength
- +5.5%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 34.55
- Nearest resistance
- 34.88
- Volume accumulation ratio (14d / 46d)
- 1.22
Trends
Evidence
- Average earnings surprise
- +1.1%
- March 18, 2026: actual EPS 0.64 vs estimate 0.73 (surprise -12.1%)
- December 17, 2025: actual EPS 1.1 vs estimate 1.03 (surprise +7.1%)
- September 17, 2025: actual EPS 0.86 vs estimate 0.82 (surprise +5.5%)
- June 25, 2025: actual EPS 0.74 vs estimate 0.71 (surprise +4.1%)
Expected move
Drivers
-
Past earnings
Negative
While the company has a history of exceeding earnings estimates 75% of the time, the most recent quarterly report showed a significant miss. This recent negative surprise raises concerns about current performance.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.3%
- 75th percentile move
- 4.6%
- 90th percentile move
- 5.3%
- Up / down moves
- 8 / 10
- Average up move
- +3.3%
- Average down move
- -3.6%
Monitoring and close
What General Mills, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Consolidated
- +6.8%
- Max move
- +8.9%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.