ConAgra Foods (CAG) Tops Q3 EPS by 7c; Boosts FY15 EPS Outlook

March 26, 2015 7:39 AM EDT

ConAgra Foods (NYSE: CAG) reported Q3 EPS of $0.59, $0.07 better than the analyst estimate of $0.52. Revenue for the quarter came in at $3.88 billion versus the consensus estimate of $3.87 billion.

ConAgra Foods sees FY201

  • Consumer Foods posted flat volume, and comparable segment operating profit increased.
  • Commercial Foods sales and comparable operating profit grew as the segment posted good domestic results for Lamb Weston potato operations and good overall efficiencies.
  • Private Brands comparable profits were substantially below year-ago amounts due to a continued competitive bidding environment and execution shortfalls. Private Brands comparable profits are expected to improve in fiscal 2016 and beyond due to execution-related initiatives being implemented.

5 EPS of $2.15-$2.19, versus the consensus of $2.14.

For earnings history and earnings-related data on ConAgra Foods (CAG) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Guidance

Related Entities

Earnings