RBC Capital Reiterates Sector Perform on ConAgra Foods (CAG) Following 1Q16 EPS Beat
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Market Wrap: Commodities Weigh on Markets; Home Price Gains Outpaced in July; Splitsville for Ashland
September 22, 2015 5:23 PM EDTMarket wrap for September 22nd
End of the Day: S&P 500 down 24.2 to 1,942.74; Dow Jones down 179.7 to 16,330.47; Nasdaq down 72.2 to 4,756.72
Market Brief: U.S. markets slumped following gains on Monday amid weaker oil and copper prices amid lingering concerns with growth in China. The country's PMI for September will be released later tonight and it could be a market mover for Wednesday. The numbers will land at 9:45pm ET.
Goldman Sachs CEO Lloyd Blankfein said he had a "highly curable"... More
ConAgra Foods (CAG) Tops Q1 EPS by 5c; Sees Q2 EPS Flat Y/Y
September 22, 2015 7:34 AM EDT(Updated - September 22, 2015 8:17 AM EDT)
ConAgra Foods (NYSE: CAG) reported Q1 EPS of $0.45, $0.05 better than the analyst estimate of $0.40. Revenue for the quarter came in at $2.79 billion versus the consensus estimate of $3.67 billion.
Consumer Foods posted strong operating profit growth and more than 250 basis points of comparable margin improvement through a combination of favorable price/mix and increased productivity.Commercial Foods posted good sales and operating profit performance, primarily due to strong volumes, favorable mix, and efficiencies for Lamb... MoreTrading Radar for 9/22: General Mills (GIS), Darden (DRI), CarMax (KMX), Carnival (CCL), ConAgra (CAG) Report
September 21, 2015 2:49 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
9:00am EDT
Earnings:
