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General Mills Stock Eyes 4th-Straight Drop Ahead of Earnings
GMGM(GM) Schaeffers Investment Research·2025-03-14 19:29

Core Viewpoint - General Mills Inc is set to report its fiscal third-quarter earnings, with analysts expecting earnings per share of 95 cents and revenue of 4.96billion[1]Group1:StockPerformanceGeneralMillsstockiscurrentlydown0.14.96 billion [1] Group 1: Stock Performance - General Mills' stock is currently down 0.1% at 59.79, having faced a decline since reaching a multi-month high of $64.95 [2] - The stock is on track for its fourth consecutive daily loss, contributing to a 6% year-to-date decline [2] Group 2: Earnings History and Expectations - Historically, General Mills' stock has either fallen or remained flat after five of its past eight earnings reports, with an average shift of 2.6% [3] - Traders are anticipating a larger-than-usual move of 6.5% for the shares following the upcoming earnings report [3] Group 3: Analyst Recommendations and Short Interest - There is potential for upgrades, as 13 out of 18 brokerage firms currently have a "hold" recommendation on the stock [4] - Short interest has increased by 17.2% over the past two reporting periods, representing 4.8% of the stock's total available float [4] Group 4: Options Activity - Bullish sentiment is evident in the options market, with a 10-day call/put volume ratio of 3.38, which is higher than 72% of annual readings [5] - General Mills has historically outperformed options traders' volatility expectations, as indicated by a Schaeffer's Volatility Scorecard of 94 out of 100 [5]