General Mills Announces EPS Guidance of $2.46 to $2.48 (GIS)

General Mills GIS announced earlier today the guidance for Q2. The company reaffirmed its full-year fiscal 2011 EPS guidance of $2.46 to $2.48 per share, excluding any mark-to-market effects. This would represent growth of 7 to 8 percent from adjusted earnings per share of $2.30 in fiscal 2010. Ken Powell said, “The global operating environment is still quite challenging, but our food businesses are resilient and continue to demonstrate high-quality growth.”