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General Mills Q4 adjusted earnings Beat Estimates

General Mills (GIS) reported earnings for its fourth quarter that increased from the same period last year.

The company's earnings came in at $625.7 million, or $1.02 per share. This compares with $570.2 million, or $0.94 per share, in last year's fourth quarter.

Excluding items, General Mills reported adjusted earnings of $673.1 million or $1.10 per share for the period.

Analysts had expected the company to earn $1.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.7% to $5.02 billion from $4.16 billion last year.

General Mills earnings at a glance:

-Earnings (Q4): $673.1 Mln. vs. $507.4 Mln. last year.
-EPS (Q4): $1.10 vs. $0.83 last year.
-Analysts Estimate: $1.06
-Revenue (Q4): $5.02 Bln vs. $4.16 Bln last year.

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