Pinnacle Foods Inc. Reports Q2 2018 Results

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Go back to Pinnacle Foods Inc. Reports Q2 2018 Results

JPMorgan Downgrades Pinnacle Foods (PF) to Neutral Citing Acquisition

August 3, 2018 5:53 AM EDT

JPMorgan downgraded Pinnacle Foods (NYSE: PF) from Overweight to Neutral with a price target of $68.00 (from $66.00).

Analyst Ken Goldman assumes the transaction from ConAgra Brands (NYSE: CAG) will be complete by the end of 2018.

For an... More

Pinnacle Foods (PF) Tops Q2 EPS by 3c; Reaffirms

August 2, 2018 7:33 AM EDT

Pinnacle Foods (NYSE: PF) reported Q2 EPS of $0.59, $0.03 better than the analyst estimate of $0.56. Revenue for the quarter came in at $741.8 million versus the consensus estimate of $749.22 million.

GUIDANCE:

Reaffirmed its guidance for Adjusted diluted earnings per share (EPS) for the... More