ConAgra Brands (CAG) Tops Q2 EPS by 4c
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Conagra Brands Reports Continued Margin Expansion and EPS Growth in Second Quarter
December 22, 2016 7:27 AM ESTCHICAGO--(BUSINESS WIRE)-- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fiscal 2017 second quarter ended November 27, 2016.
Highlights
(all comparisons are against the year ago period, unless otherwise noted)
Diluted EPS from continuing operations grew 44.4% from $0.18 to $0.26; adjusted diluted EPS from continuing operations grew 25.6% to $0.49, despite the inclusion of Spicetec Flavors and Seasoning and JM Swank in the prior year. Adjusted financial measures exclude the comparability items summarized at the end of this release and are non-GAAP. Please see the end of this release... More