Earnings Flash (CAG) Conagra Brands Posts Fiscal Q4 Adjusted EPS $0.47, vs. FactSet Est of $0.46
Conagra Brands (CAG) reported fiscal Q4 adjusted earnings Wednesday of $0.47 per diluted share, down from $0.56 a year earlier. Analysts surveyed by FactSet expected $0.46. Net sales for the fiscal quarter ended May 31 were $2.88 billion, up from $2.78 billion a year earlier. Analysts expected $2.89 billion. The company said it expects fiscal 2027 adjusted EPS of $1.40 to $1.50. Analysts surveyed by FactSet expect $1.56. Shares of the company were down more than 2% in Wednesday's premarket activity.
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Conagra Brands (CAG) reported fiscal Q4 adjusted earnings Wednesday of $0.47 per diluted share, down from $0.56 a year earlier.
Analysts surveyed by FactSet expected $0.46.
Net sales for the fiscal quarter ended May 31 were $2.88 billion, up from $2.78 billion a year earlier.
Analysts expected $2.89 billion.
The company said it expects fiscal 2027 adjusted EPS of $1.40 to $1.50.
Analysts surveyed by FactSet expect $1.56.
Shares of the company were down more than 2% in Wednesday's premarket activity.