ConAgra Brands Q2 profit beats estimates, lowers full-year earnings outlook [Yahoo! Finance]
ConAgra Brands, Inc. (CAG)
Last conagra brands, inc. earnings: 3/31 07:28 am
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Source: Yahoo! Finance
exceeded analyst expectations for both earnings and revenue but lowered its full-year earnings guidance. The packaged food company posted adjusted earnings per share of $0.70, surpassing the analyst consensus of $0.68. Revenue came in at $3.2 billion, slightly above estimates of $3.15 billion. However, reported net sales decreased 0.4% YoY, while organic net sales increased 0.3%. ConAgra updated its fiscal 2025 outlook, now projecting adjusted earnings per share between $2.45 and $2.50, below the analyst consensus of $2.58 and lower than its prior target of between $2.60 and $2.65. The company expects organic net sales near the midpoint of a range between -1.5% to flat compared to fiscal 2024. Sean Connolly, President and CEO of ConAgra Brands, commented, "Our business returned to growth in the second quarter despite a continued challenging consumer environment as our investments paid off, driving strong market share performance. While momentum remains strong, we expect the busi
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CAG
News
- Conagra Brands, Inc. (NYSE: CAG) had its price target lowered by analysts at Bank of America Co. from $31.00 to $29.00. They now have a "neutral" rating on the stock.MarketBeat
- Conagra Brands, Inc. (NYSE: CAG) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $29.00 price target on the stock.MarketBeat
- Conagra Brands, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - CAGAccesswire
- Conagra Brands Inc (CAG) Q2 2025 Earnings Call Highlights: Strong Volume Gains Amid Inflation ... [Yahoo! Finance]Yahoo! Finance
- Conagra Brands Inc (CAG) Q2 2025 Earnings Call Highlights: Navigating Inflation and Driving ... [Yahoo! Finance]Yahoo! Finance
CAG
Earnings
- 12/19/24 - Beat
CAG
Sec Filings
- 12/19/24 - Form 10-Q
- 12/19/24 - Form 8-K
- 12/6/24 - Form SC
- CAG's page on the SEC website