Fiscal 2016 Comparable Q2 EPS Above Expectations; Private Label Transaction Expected to Close Early 2016; Near Term Focus on Driving Efficiency and Lamb Weston Spin

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ConAgra Foods (CAG) Tops Q2 EPS by 11c

December 22, 2015 7:32 AM EST

ConAgra Foods (NYSE: CAG) reported Q2 EPS of $0.71, $0.11 better than the analyst estimate of $0.60. Revenue for the quarter came in at $3.09 billion versus the consensus estimate of $3.38 billion.

Consumer Foods posted double-digit operating profit growth, as the benefit of favorable price/mix, strong net... More