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Tuesday, 05/19/2015 7:49:17 AM

Tuesday, May 19, 2015 7:49:17 AM

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General Mills reaffirms FY15 outlook (GIS) : Co reaffirmed its fiscal 2015 full-year targets:


•Sees constant currency rev and EPS growth in low single digits.
•Fiscal 2015 adjusted diluted earnings per share (which excludes mark-to-market valuation effects, currency devaluation, restructuring costs, Annie's integration costs, and a discrete tax charge associated with a planned repatriation action) are expected to grow at a low-single-digit rate in constant currency from the base of $2.82 earned in fiscal 2014.

•2015 EPS consensus stands at $3.01 vs. $2.82 in prior year.
•2015 revenue consensus is $17.91 bln vs. $17.9 bln in prior year.
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