ConAgra Brands (CAG) Tops Q4 EPS by 11c, Offers Q1 Guidance
Get Alerts CAG Hot Sheet
Price: $31.33 -0.76%
EPS Growth %: -9.2%
Financial Fact:
Income from continuing operations: 188.5M
Today's EPS Names:
FRSB, DGICA, UXIN, More
EPS Growth %: -9.2%
Financial Fact:
Income from continuing operations: 188.5M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
ConAgra Brands (NYSE: CAG) reported Q4 EPS of $0.75, $0.11 better than the analyst estimate of $0.64. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.07 billion.
GUIDANCE:
ConAgra Brands sees Q1 2021 EPS of $0.54-$0.59, versus the consensus of $0.54.
- Organic net sales growth of 10% to 13%
- Adjusted operating margin of 17.0% to 17.5%
- Adjusted EPS of $0.54 to $0.59
ConAgra Brands sees FY2022 EPS of $2.66-$2.76.
- Additionally, the Company is reaffirming its fiscal 2022 algorithm of:
- Organic net sales growth (3-year CAGR ending fiscal 2022) of 1% to 2%
- Adjusted operating margin of 18% to 19%
- Adjusted EPS of $2.66 to $2.76
- Free cash flow conversion (percentage of adjusted net income 3-year average) of 95%+
For earnings history and earnings-related data on ConAgra Brands (CAG) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Airbus revenue rises, delivers 142 commercial aircraft in Q1
- EMCOR Group (EME) Tops Q1 EPS by 133c, raises guidance
- PHINIA Inc. (PHIN) Reports Q1 EPS of $1.08, provides guidance
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!