Conagra Brands Reports Continued Margin Expansion And EPS Growth In Third Quarter

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Go back to Conagra Brands Reports Continued Margin Expansion And EPS Growth In Third Quarter

ConAgra Brands (CAG) Tops Q3 EPS by 4c

March 23, 2017 7:31 AM EDT

ConAgra Brands (NYSE: CAG) reported Q3 EPS of $0.48, $0.04 better than the analyst estimate of $0.44. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.98 billion.

Diluted EPS from continuing operations grew from $0.16 to $0.41; adjusted diluted EPS from continuing operations grew 37.1% from $0.35 to $0.48, despite the inclusion in the prior-year period of the Spicetec Flavors and Seasonings and JM Swank businesses, which were divested in the first... More