Conagra Brands Inc. (CAG)
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.
Conagra Beat Earnings Estimates. Why The Stock Is Taking a Tumble.
The snack brands owner reported adjusted earnings per share of 61 cents, beating Wall Street's call for 57 cents.
Conagra's stock slumps after revenue miss, downbeat profit outlook
Shares of Conagra Brands Inc. CAG, +0.24% sank 3.5% toward a four-month low in premarket trading Thursday, after the branded foods company reported fiscal fourth-quarter revenue that fell shy of forecasts and provided a downbeat profit outlook. The company, with brands including Healthy Choice, Boomchickapop, Duncan Hines and Birds Eye, swung to a net loss for the quarter to May 26 of $567.3 million, or $1.18 a share, from net income of $37.5 million, or 8 cents a share, in the same period a year ago.
Conagra Brands forecasts annual organic sales below estimates on tepid demand
Conagra Brands forecast annual organic sales below estimates on Thursday as cash-strapped shoppers turned to cheaper alternatives for their at-home meals as high living costs continued to weigh on sales volumes.
Top Wall Street Forecasters Revamp Conagra Brands Expectations Ahead Of Q4 Earnings
Conagra Brands, Inc. CAG will release its fiscal 2024 fourth quarter financial results, before the opening bell on Thursday, July 11.
Conagra: The Company's Upside Remains Elevated Going Into Q4
Analysts have a target range of $29 to $34 per share, but I believe the company has a PT of at least $36.5/share, making it a "BUY". Conagra Brands is set to present earnings for 1Q24 in three days, with potential upside for investors. The company has shown improvements in operating profit, net margin, and cost savings, positioning it for future growth.
Conagra Brands (CAG) Q4 Earnings Coming Up: Factors to Note
Conagra Brands' (CAG) fourth-quarter performance is likely to reflect lower volumes due to an industry-wide slowdown in consumption.
