General Mills Stock Plummets 5% Following Q4 Earnings 
<p><a href='https://financialmodelingprep.com/financial-summary/GIS'>General Mills (NYSE:GIS)</a> shares plunged around 5% intra-day today after the company reported its Q4 earnings results, with revenue of $5 billion missing the Street estimate of $5.17 billion. EPS was $1.12, compared to the Street estimate of $1.07.</p>
<p>General Mills has outlined its financial targets for fiscal 2024. The company expects organic net sales to grow between 3% and 4%. General Mills also anticipates a 4% to 6% increase in adjusted diluted EPS in constant currency, relative to the base value of $4.30 earned in fiscal 2023. The company also hiked its quarterly dividend by 9.3% to $0.59 per share, or $2.36 annualized, for an annual yield of 2.9%.</p>

NYSE:GIS