CONAGRA BRANDS REPORTS SECOND QUARTER RESULTS
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December 20, 2024 5:49 AM EST
Deutsche Bank analyst Steve Powers lowered the price target on ConAgra (NYSE: CAG) to $28.00 (from $29.00) while maintaining a Hold rating.
The analyst comments "As CAG encounters higher full-year cost inflation (~4%, up from ~3%), primarily attributable to sustained inflation in protein and egg costs (and... More
December 19, 2024 4:03 PM EST
Jefferies analyst Rob Dickerson lowered the price target on ConAgra (NYSE: CAG) to $26.00 (from $28.00) while maintaining a Hold rating.
The analyst comments "CAG beat Q2 expectations, but spoke to a slight hurricane pantry loading benefit / shifted trade spend that likely helped. Mgmt... More
December 19, 2024 7:33 AM EST
ConAgra Brands (NYSE: CAG) reported Q2 EPS of $0.70, $0.02 better than the analyst estimate of $0.68. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.15 billion.
GUIDANCE:
ConAgra Brands sees FY2025 EPS of $2.45-$2.50, versus the consensus... More
