Conagra Brands Reports Strong Third Quarter Results

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Go back to Conagra Brands Reports Strong Third Quarter Results

ConAgra (CAG) PT Raised to $42 at Jefferies

April 9, 2021 8:05 AM EDT

Jefferies analyst Rob Dickerson raised the price target on ConAgra (NYSE: CAG) to $42.00 (from $40.00) while maintaining a Buy rating.

The analyst commented, "Slight margin expansion amid an increasingly inflationary environment is needed for CAG to achieve the low end of its 18-19% FY22... More

ConAgra Brands (CAG) Tops Q3 EPS by 1c, Offers Guidance

April 8, 2021 7:32 AM EDT

ConAgra Brands (NYSE: CAG) reported Q3 EPS of $0.59, $0.01 better than the analyst estimate of $0.58. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.72 billion.

GUIDANCE:

ConAgra Brands sees Q4 2021 EPS of $0.49-$0.55, versus the... More