ConAgra Foods Delivers Continued Margin Expansion Propelling First Quarter EPS Ahead of Expectations

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ConAgra Foods (CAG) Tops Q1 EPS by 13c

September 29, 2016 7:34 AM EDT

ConAgra Foods (NYSE: CAG) reported Q1 EPS of $0.61, $0.13 better than the analyst estimate of $0.48. Revenue for the quarter came in at $2.67 billion versus the consensus estimate of $2.73 billion.

Sean Connolly, president and chief executive officer of ConAgra Foods, commented, We continue to make strong progress as we reshape our portfolio, capabilities, and culture. Our efforts to infuse focus... More