MINNEAPOLIS (AP) _ General Mills Inc. (GIS) on Wednesday reported fiscal third-quarter net income of $454.1 million.

On a per-share basis, the Minneapolis-based company said it had profit of 74 cents. Earnings, adjusted for non-recurring costs, came to 77 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The maker of Cheerios cereal, Yoplait yogurt and other packaged foods posted revenue of $4.18 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $4.19 billion.

General Mills shares have climbed 12% since the beginning of the year, while the Standard & Poor's 500 index has fallen 22%. The stock has climbed 26% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIS at https://www.zacks.com/ap/GIS

Automated Insights, source Associated Press News