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Conagra Brands (CAG) Q4 Earnings in Line, Revenues Beat
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Conagra Brands, Inc. (CAG - Free Report) has carved a name for itself in the processed & packaging food industry with superior processed food items for household and commercial clients. The product portfolio of this Omaha, NE-headquartered firm includes leading consumer brands that are found in 99% of America’s households.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: CAG’s adjusted earnings from continuing operations in fourth-quarter fiscal 2017, came in at 37 cents, in-line with the Zacks Consensus Estimate of 37 cents.
Revenue: CAG posted revenues of $1,861.7 million, above the Zacks Consensus Estimate of $1,859 million.
Key Stats: CAG anticipates to report adjusted earnings from continuing operations within the range of $1.84-$1.89 per share for fiscal 2018. The company plans to buyback roughly $1.1 billion worth shares of its common stock in fiscal 2018.
Stock Price: Shares prices of CAG did not change on a pre-market trading basis.
As of Jun 28, 2017, CAG’s closed the trading session at $37.37 per share.
Check back our full write up on this CAG earnings report later!
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Conagra Brands (CAG) Q4 Earnings in Line, Revenues Beat
Conagra Brands, Inc. (CAG - Free Report) has carved a name for itself in the processed & packaging food industry with superior processed food items for household and commercial clients. The product portfolio of this Omaha, NE-headquartered firm includes leading consumer brands that are found in 99% of America’s households.
Currently, CAG has a Zacks Rank #3 (Hold), but that could definitely change after the release of its fourth-quarter fiscal 2017 (ended May 31, 2017) results. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: CAG’s adjusted earnings from continuing operations in fourth-quarter fiscal 2017, came in at 37 cents, in-line with the Zacks Consensus Estimate of 37 cents.
Revenue: CAG posted revenues of $1,861.7 million, above the Zacks Consensus Estimate of $1,859 million.
Key Stats: CAG anticipates to report adjusted earnings from continuing operations within the range of $1.84-$1.89 per share for fiscal 2018. The company plans to buyback roughly $1.1 billion worth shares of its common stock in fiscal 2018.
Stock Price: Shares prices of CAG did not change on a pre-market trading basis.
As of Jun 28, 2017, CAG’s closed the trading session at $37.37 per share.
ConAgra Foods Inc. Price
ConAgra Foods Inc. Price | ConAgra Foods Inc. Quote
Check back our full write up on this CAG earnings report later!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.See Them Free>>