Conagra Brands: Still Looks Like An Attractive Value Play
Conagra continued to face challenges in the packaged foods space, with their latest quarter reporting a miss on sales and disappointing guidance for fiscal 2025. With growth still remaining challenged, the company maintained its dividend as it still falls within the target payout ratio, though they offer around a 4.6% dividend yield to investors. Analysts expect a slight decline in EPS for fiscal 2025 but anticipate earnings growth heading into fiscal 2026, which could come from volume weakness moderating.
ConAgra Analysts Slash Their Forecasts Following Weak Sales
Conagra Brands, Inc. CAG reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates.
Why This Consumer Staples Stock is a Smart Buy Despite Headwinds
Conagra Brands NYSE: CAG is a North American food industry leader and is considered part of the consumer staples sector. Conagra Brands' earnings report for the fourth quarter of 2024 shows evidence of a company that continues to navigate a challenging and shifting consumer landscape.
Conagra Brands: Buy This Recession-Resilient Bargain For A 5% Yield
Conagra Brands owns well-known food brands and offers private label products sold in major grocery stores. Recent decline in Conagra shares presents a potential buying opportunity, especially in anticipation of a recession. Conagra's dividend yield of 5%, low price to earnings ratio, and potential for capital gains make it an attractive investment option for 2024.
Why Conagra Stock Is Falling Today
Conagra posted a mixed quarter, and it forecast fiscal 2025 earnings that fell short of estimates. The company has a solid dividend yield, but the stock is flat over the past five years.
Conagra (CAG) Q4 Earnings Top Despite Soft Consumption Trends
Conagra's (CAG) fourth-quarter results reflect a continuation of the slowdown in consumption leading to soft sales. However, supply-chain productivity efforts aid gross margin expansion.
Conagra Brands projects lower annual sales, profit on tepid demand recovery
Conagra Brands forecast annual revenue and profit below analysts' estimates on Thursday, as cash-strapped consumers turned to cheaper pantry staples for their at-home meals.
Conagra Brands Stock Falls as it Warns About a Challenging Consumer Environment
Conagra Brands (CAG) shares fell Thursday as the processed food giant gave weaker-than-expected guidance amid what it called a “difficult consumer environment.”
Conagra Brands, Inc. (CAG) Q4 2024 Earnings Q&A Call Transcript
Conagra Brands, Inc. (NYSE:CAG ) Q4 2024 Earnings Q&A Conference Call July 11, 2024 9:30 AM ET Company Participants Melissa Napier - SVP, IR Sean Connolly - CEO David Marberger - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan David Palmer - Evercore Peter Galbo - Bank of America Max Gumport - BNP Robert Moskow - TD Cowen Nik Modi - RBC Tom Palmer - Citi Chris Carey - Wells Fargo Rob Dickerson - Jefferies Operator Good morning, everyone, and welcome to the Conagra Brands Q4 and Fiscal Year 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Conagra Brands (CAG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Conagra Brands (CAG) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Conagra Brands, Inc. (CAG) Q4 2024 Earnings Call Transcript
Conagra Brands, Inc. (NYSE:CAG ) Q4 2024 Earnings Call Transcript July 11, 2024 8:30 AM ET Company Participants Melissa Napier - SVP of IR Sean Connolly - CEO David Marberger - CFO Operator Good morning. This is Melissa Napier from Conagra Brands.
Conagra Brands (CAG) Q4 Earnings Surpass Estimates
Conagra Brands (CAG) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.62 per share a year ago.
