Earnings Preview For Conagra Brands
Portfolio Pulse from Benzinga Insights
Conagra Brands (NYSE:CAG) is set to release its latest quarterly earnings report on October 5, 2023. Analysts estimate an earnings per share (EPS) of $0.60. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to a positive impact on the share price. The stock is currently trading at $26.53, down 19.16% over the last 52-week period.
October 04, 2023 | 2:00 pm
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Conagra Brands is expected to report an EPS of $0.60 in its upcoming earnings report. Despite past EPS beats, the stock price has not consistently increased, and is currently down 19.16% over the last 52 weeks.
The upcoming earnings report is highly relevant to Conagra Brands' stock. However, despite the company's history of beating EPS estimates, this has not consistently led to an increase in the stock price. Given the stock's negative performance over the past year, investors may be cautious.
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