For Conagra’s fiscal first quarter, analysts expect it to sustain its EPS growth rate. Analysts expect the company to report adjusted earnings of $0.49 per share, which would be a YoY (year-over-year) growth of 6.5%. A tough YoY comparison, a deceleration in its sales growth rate, higher input, supply-chain costs, and increased interest expenses are likely to restrict Conagra’s EPS growth rate.
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INX:CAG, Sep 26, 09:41 UTC
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Sunday, September 23
Date: 23 Sep 18 Time: 11:19
Friday, September 21
Thursday, September 20
Date: 20 Sep 18 Time: 13:33
Conagra Brands (CAG) Q1 Earnings Preview: What's in the Cards? - September 20, 2018
This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 27. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Conagra? For Conagra, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Conagra would post earnings of $0.43 per share when it actually produced earnings of $0.50, delivering a surprise of +16.28%.
Date: 20 Sep 18 Time: 10:07
Conagra (CAG) Q1 Earnings Sales Likely to Increase Y/Y - September 20, 2018
Conagra (CAG) Q1 Earnings & Sales Likely to Increase Y/Y. This renowned food company boasts a splendid earnings surprise history and has outperformed the Zacks Consensus Estimate by an average of 10.8% in the trailing four quarters. Under this regime, Conagra ensures that its robust volume performance is not driven by price discounts but by stronger innovation as well as new merchandising, distribution and consumer trail-related investments. For instance, new investments to strengthen frozen business will likely boost sales of Refrigerated & Frozen segment, going forward. Incidentally, the consensus marks for first-quarter sales of Foodservice, Grocery & Snacks, International, and Refrigerated & Frozen units are pegged at $230 million, $789 million, $189 million and $639 million compared with the year-ago reported sales figures of $252 million, $746 million, $191 million and $616 million, respectively.All aforementioned upsides helped Conagra deliver solid results in fourth-quarter fiscal 2018, wherein both the top and the bottom lines improved year over year and came ahead of the Zacks Consensus Estimate.
Tuesday, September 18
Sunday, September 16
Date: 16 Sep 18 Time: 14:43
ConAgra Foods Inc (INX:CAG) social chatter is higher than usual
Friday, September 14
Thursday, September 13
Date: 13 Sep 18 Time: 21:25
Pinnacle Foods To Hold Shareholder Meeting On October 23, 2018 To Vote On Conagra Brands Transaction
Additional information about the transaction can also be found at www.conagraandpinnacle.transactionannouncement.com. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. Conagra's iconic brands, such as Marie Callender's®, Reddi-wip®, Hunt's®, Healthy Choice®, Slim Jim® and Orville Redenbacher's®, as well as emerging brands, including Alexia®, Blake's®, Frontera®, Duke's® and Angie's® BOOMCHICKAPOP®, offer choices for every occasion. For more information, visit www.conagrabrands.com. These risks and uncertainties include, among other things: the failure to obtain Pinnacle Foods shareholder approval of the proposed transaction; the possibility that the closing conditions to the proposed transaction may not be satisfied or waived; delay in closing the proposed transaction or the possibility of non-consummation of the proposed transaction; the risk that the cost savings and any other synergies from the proposed transaction may not be fully realized or may take longer to realize than expected, including that the proposed transaction may not be accretive within the expected timeframe or to the extent anticipated; the occurrence of any event that could give rise to termination of the merger agreement; the risk that shareholder litigation in connection with the proposed transaction may affect the timing or occurrence of the proposed transaction or result in significant costs of defense, indemnification and liability; risks related to the disruption of the proposed transaction to us and our management; the effect of the announcement of the proposed transaction on our ability to retain and hire key personnel and maintain relationships with customers, suppliers and other third parties; our ability to achieve the intended benefits of recent and pending acquisitions and divestitures, including the recent spin-off of our Lamb Weston business; the continued evaluation of the role of our Wesson oil business; general economic and industry conditions; our ability to successfully execute our long-term value creation strategy; our ability to access capital on acceptable terms or at all; our ability to execute our operating and restructuring plans and achieve our targeted operating efficiencies from cost-saving initiatives and to benefit from trade optimization programs; the effectiveness of our hedging activities and our ability to respond to volatility in commodities; the competitive environment and related market conditions; our ability to respond to changing consumer preferences and the success of our innovation and marketing investments; the ultimate impact of any product recalls and litigation, including litigation related to the lead paint and pigment matters; actions of governments and regulatory factors affecting our businesses, including the ultimate impact of recently enacted U.S tax legislation and related regulations or interpretations; the availability and prices of raw materials, including any negative effects caused by inflation or weather conditions; risks and uncertainties associated with intangible assets, including any future goodwill or intangible assets impairment charges; the costs, disruption, and diversion of management's attention associated with campaigns commenced by activist investors; and other risks described in our reports filed from time to time with the Securities and Exchange Commission.
Key Stats & Ratios
|Quaterly Earnings Growth||-54.00%|
|Quaterly Revenue Growth||5.60%|
|Revenue per share||19.65|
|Earnings||27 Sep 13:00|