Conagra Brands Is Reaffirming Its Fiscal 2025 Guidance: Projects Organic Net Sales Of (1.5)% To Flat Compared To FY24, Sees Adjusted EPS Between $2.60-$2.65 Vs. $2.61 Estimate
Portfolio Pulse from Nabaparna Bhattacharya
Conagra Brands has reaffirmed its fiscal 2025 guidance, projecting organic net sales to range from a decrease of 1.5% to flat compared to FY24. The company also anticipates adjusted EPS to be between $2.60 and $2.65, aligning closely with the $2.61 estimate.
October 02, 2024 | 11:39 am
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Conagra Brands has reaffirmed its fiscal 2025 guidance, projecting organic net sales to range from a decrease of 1.5% to flat compared to FY24. The company also anticipates adjusted EPS to be between $2.60 and $2.65, aligning closely with the $2.61 estimate.
The reaffirmation of guidance suggests stability in Conagra's financial outlook, with EPS projections closely matching analyst estimates. This indicates no major surprises for investors, likely resulting in a neutral short-term stock price impact.
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