General Mills Q4 adjusted earnings Beat Estimates

(RTTNews) - General Mills (GIS) reported earnings for fourth quarter that fell from last year.

The company's profit totaled $354.4 million, or $0.59 per share. This compares with $408.9 million, or $0.69 per share, in last year's fourth quarter.

Excluding items, General Mills reported adjusted earnings of $469.7 million or $0.79 per share for the period.

Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.1% to $3.89 billion from $3.81 billion last year.

General Mills earnings at a glance:

-Earnings (Q4): $469.7 Mln. vs. $430.3 Mln. last year. -EPS (Q4): $0.79 vs. $0.73 last year. -Analysts Estimate: $0.72 -Revenue (Q4): $3.89 Bln vs. $3.81 Bln last year.