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ConAgra Brands (CAG) Tops Q3 EPS by 4c

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

March 23, 2017 7:30 AM EDT

CHICAGO, March 23, 2017 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fiscal 2017 third quarter ended February 26, 2017.

Highlights(all comparisons are against the year ago period, unless otherwise noted)

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 quarter of fiscal year 2017. "Adjusted" financial... More