Get a deeper insight into the potential performance of Conagra Brands (CAG) for the quarter ended August 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Conagra Brands (CAG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
24/7 Wall St. Insights Goldman Sachs is one of the premier investment banks in the world.
CAG is troubled by sluggish consumption trends and elevated costs, while Conagra Brands' solid brands and frozen category strength have been aiding.
Conagra Brands recently announced the launch of new products and the acquisition of Sweetwood Smoke & Co. This strategy will update the portfolio of products offered by the company, which could lead to an increase in sales in the coming period. CAG is quite solid, although it shows some red flags to take into account.
Conagra announces the completion of the divestiture of its 51.8% ownership stake in Agro Tech Foods that is set to enhance its portfolio.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Conagra Brands (CAG) has been witnessing challenging industry trends, including a slowdown in consumption. The company expects volumes to be soft in the first quarter of fiscal 2025.
On Wall Street, question marks over the health of the economy have increased as many sectors struggle to maintain stability. However, consumer stocks — especially those related to essential goods — often exhibit resilience during such volatility.
Conagra Brands' (CAG) acquisition of Sweetwood Smoke & Co. highlights its focus on expanding in the innovative, high-protein snacks category.
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 Brands, Inc. CAG reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates.