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

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