ConAgra Brands (CAG) Tops Q4 EPS by 2c, FY22 EPS Guidance Misses

ConAgra Brands (NYSE: CAG) reported Q4 EPS of $0.54, $0.02 better than the analyst estimate of $0.52. Revenue for the quarter came in at $2.74 billion versus the consensus estimate of $2.71 billion.

GUIDANCE:

ConAgra Brands sees FY2022 EPS of $2.50, versus the consensus of $2.63.

• Organic net sales growth is expected to be approximately flat compared to fiscal 2021
• Adjusted operating margin is expected to be approximately 16%
• Adjusted EPS is expected to be approximately $2.50
• Adjusted EPS in the second half of the fiscal year is expected to be in-line with what was assumed for the second half of fiscal 2022 in the Company's prior fiscal 2022 guidance.

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

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