ConAgra Brands (CAG) Misses Q1 EPS by 6c, Offers Guidance
ConAgra Brands (NYSE: CAG) reported Q1 EPS of $0.53, $0.06 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $2.79 billion versus the consensus estimate of $2.84 billion.
GUIDANCE:
ConAgra Brands sees FY2025 EPS of $2.60-$2.65, versus the consensus of $2.61.
- Organic net sales of (1.5)% to flat compared to fiscal 2024
- Adjusted operating margin between 15.6% and 15.8%
- Adjusted EPS between $2.60 and $2.65
- Free cash flow conversion of approximately 90%
- Net leverage ratio of approximately 3.2x
For earnings history and earnings-related data on ConAgra Brands (CAG) click here.