ConAgra Foods (CAG) Declares $0.25 Quarterly Dividend; 2.2% Yield

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Go back to ConAgra Foods (CAG) Declares $0.25 Quarterly Dividend; 2.2% Yield

Jefferies Raises Price Target on ConAgra Foods (CAG) to $57 Following 3Q

April 8, 2016 7:33 AM EDT

Jefferies reiterated a Buy rating on ConAgra Foods (NYSE: CAG), and raised the price target to $52.00 (from $50.00) following the company's 3Q earnings report. Consolidated EBIT beat estimates by $0.08/ shr, driven $0.06 by Consumer Foods and $0.02 by Commercial Foods.

Analyst Akshay Jagdale commented, "We... More

ConAgra Foods (CAG) Tops Q3 EPS by 9c

April 7, 2016 7:32 AM EDT

ConAgra Foods (NYSE: CAG) reported Q3 EPS of $0.68, $0.09 better than the analyst estimate of $0.59. Revenue for the quarter came in at $2.92 billion versus the consensus estimate of $2.87 billion.

GUIDANCE:

ConAgra Foods sees FY2016 EPS of $2.05-$2.07, versus the consensus of... More