|Bid||0.00 x 2200|
|Ask||26.65 x 4000|
|Day's Range||25.74 - 27.02|
|52 Week Range||20.22 - 39.43|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||14.46|
|Earnings Date||Mar 20, 2019 - Mar 25, 2019|
|Forward Dividend & Yield||0.85 (3.29%)|
|1y Target Est||30.36|
NEW ORLEANS, March 22, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.
CAG Stock Soars ~13% on Q3 2019 EPS Beat—Will It Rise Further?(Continued from Prior Part)Key drivers Conagra Brands (CAG) posted net sales of $2.71 billion in the third quarter of fiscal 2019 (which ended on February 24), falling marginally short
CAG Stock Soars ~13% on Q3 2019 EPS Beat—Will It Rise Further?(Continued from Prior Part)Favorable outlook Conagra Brands (CAG) is among the few packaged food companies for which analysts maintain a favorable outlook. Besides Conagra Brands,
CAG Stock Soars ~13% on Q3 2019 EPS Beat—Will It Rise Further?Valuation still within reach Conagra Brands (CAG) stock rose 12.8% on March 21 following the company’s release of its fiscal 2019 third-quarter results, which indicated a
CEDARHURST, NY / ACCESSWIRE / March 21, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
NEW YORK , March 21, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Conagra Brands, ...
Conagra Brands earnings for the company's fiscal third quarter of 2019 have CAG stock soaring on Thursday.Source: Shutterstock Conagra Brands (NYSE:CAG) reported earnings per share of 51 cents for its fiscal third quarter of the year. This is a drop from the company's earnings per share of 61 cents from the same period of the year prior. However, it was still good news for CAG stock by beating out Wall Street's earnings per share estimate of 49 cents for the quarter.Net income reported in the Conagra Brands earnings release for its fiscal third quarter of 2019 comes in at $242.60 million. This is down from the company's net income of $362.80 million reported in its fiscal third quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsConagra Brands earnings for its fiscal third quarter of the year also includes operating income of $242.60 million. The American food company reported operating income of $349.20 million during the same time last year.The Conagra Brands earnings report for its fiscal third quarter of 2019 also has revenue coming in at $2.71 billion. This is an increase over the company's revenue of $2.00 billion reported in its fiscal third quarter of the previous year. However, this does have it missing analysts' revenue estimate of $2.75 billion for the period, but that wasn't keeping CAG stock down today. * 10 Stocks on the Rise Heading Into the Second Quarter Conagra Brands also notes that it completed the sale of the Wesson oil business. As such, it is updating its outlook to remove the business from it. This still has it expecting earnings per share between $2.03 and $2.08 for the year. Wall Street is estimating earnings per share of $2.05 for fiscal 2019.CAG stock was up 11% as of noon Thursday and is up 7% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Conagra Brands Earnings: CAG Stock Soars on Q3 Beat appeared first on InvestorPlace.
Conagra Brands Beat Q3 Profit Estimate, Stock Rose(Continued from Prior Part)Low valuation Conagra Brands’ (CAG) impressive performance on the bottom-line front and expanded adjusted operating margin in the third quarter will likely support the
The packaged food company reported earnings of 51 cents per share in the quarter ended Feb. 24, topping expectations of 49 cents. "The integration of Pinnacle Foods, and the reinvigoration of its innovation pipeline, remain squarely on-track.
Conagra Brands Inc's quarterly profit beat Wall Street estimates on Thursday, as the Reddi-wip and Slim Jim beef jerky maker raised prices to make up for higher transportation and commodity costs, sending its shares up more than 11 percent in morning trading. Like most U.S. packaged food companies, Conagra has been wrestling with higher raw material and freight costs amid a shortage of truck drivers. To combat this, Conagra has made several acquisitions, including millennial favorites Angie's Boomchickapop popcorn and Duke's smoked meats.
The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
Conagra Brands Beat Q3 Profit Estimate, Stock RoseThird-quarter results Conagra Brands (CAG) reported mixed third-quarter results on March 21. The company’s adjusted third-quarter earnings for the period ending February 24 beat analysts’
Conagra's (CAG) bottom line beats the Zacks Consensus Estimate while the top line lags the same in third-quarter fiscal 2019. Also, management revises fiscal 2019 view.
Key InsightsConagra’s chief Sean Connolly said Thursday in third-quarter results that the company is making progress with the Pinnacle lineup by “aggressively” working to address the executional issues in the Birds Eye, Duncan Hines and Wish-Bone businesses. Conagra bought the frozen food maker in October, but sales disappointed in the initial post-acquisition quarter, leaving shareholders worried the brands Pinnacle brought to the table weren’t as strong as they’d thought.Connolly conceded it will take more time to return those Pinnacle businesses to growth, but he said Conagra has at least “identified the issues and have the right action plans in place to improve the performance.” The company already achieved $12 million of cost synergies in the quarter from the tie-up, it said.Investors hungry for more news about how the integration is going will have to wait a few weeks.
Conagra Brands Inc. shares rose about 4% in premarket trade Thursday after the food company beat profit estimates for its fiscal third quarter. The maker of food brands including Birds Eye, Reddi-wip and Slim Jim said it had net income of $242 million, or 50 cents a share, in the quarter to Feb. 24, down from $362.8 million, or 90 cents a share, in the year-earlier period. Excluding restructuring charges, charges related to the acquisition of Pinnacle Foods and other items, the company had EPS of 51 cents, ahead of the 49 cents FactSet consensus. Sales rose to $2.701 billion from $1.995 billion, just below the FactSet consensus of $2.751 billion. The company said the integration of Pinnacle, acquired in October of 2018, is on track and it still expects $215 million in cost synergies. It is still expecting fiscal 2019 adjusted EPS of $2.03 to $2.08. Shares have fallen 35% in the last 12 months, while the S&P 500 has gained 4%.
Conagra Brands Inc on Thursday reported a better-than-expected profit for the third quarter, as it raised prices to offset transportation and commodity costs. Excluding items, the company earned 51 cents ...
Strong Growth in Legacy Conagra Frozen and Snacks Businesses as Brand-Building and Innovation Efforts Paying Off Pinnacle Integration On-Track; Pinnacle Fiscal 2019 Net Sales In-Line with Prior Guidance ...
Analysts will be looking for benefits from Pinnacle Foods and signs of growth across product lines in Thursday's earnings report.