Conagra Brands, Inc.

CAG

US2058871029

Food Processing

Market Closed - Nyse Other stock markets 21:00:02 15/07/2024 BST			5-day change	1st Jan Change
28.6 ^USD	+0.88%		+0.70%	-0.21%

07-12	Consumer Edge Trims Conagra Brands' Price Target to $30 From $31	MT
07-12	TD Cowen Adjusts Price Target on Conagra Brands to $28 From $30, Keeps Hold Rating	MT

Conagra Brands, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended November 26, 2023

January 04, 2024 at 12:30 pm

Conagra Brands, Inc. reported earnings results for the second quarter and six months ended November 26, 2023. For the second quarter, the company reported sales was USD 3,208.1 million compared to USD 3,312.9 million a year ago. Net income was USD 286.2 million compared to USD 381.9 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to USD 0.8 a year ago. Diluted earnings per share from continuing operations was USD 0.6 compared to USD 0.79 a year ago.
For the six months, sales was USD 6,112.1 million compared to USD 6,217.2 million a year ago. Net income was USD 605.9 million compared to USD 304.4 million a year ago. Basic earnings per share from continuing operations was USD 1.27 compared to USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 1.26 compared to USD 0.63 a year ago.

Latest news about Conagra Brands, Inc.

Consumer Edge Trims Conagra Brands' Price Target to $30 From $31	07-12	MT
TD Cowen Adjusts Price Target on Conagra Brands to $28 From $30, Keeps Hold Rating	07-12	MT
Conagra Brands' Q4 Results Showed Macro Pressures, but 2025 Guidance 'Appears Reasonable,' RBC Says	07-12	MT
Evercore ISI Adjusts Price Target on Conagra Brands to $31 From $32, Keeps In Line Rating	07-12	MT
Bernstein Adjusts Price Target on Conagra Brands to $28 From $33	07-12	MT
Deutsche Bank Adjusts Price Target on Conagra Brands to $29 From $30	07-12	MT
Stifel Adjusts Price Target on Conagra Brands to $30 From $32	07-12	MT
Wells Fargo Adjusts Price Target on Conagra Brands to $30 From $31	07-12	MT
Barclays Adjusts Price Target on Conagra Brands to $33 From $34	07-12	MT
JPMorgan Adjusts Price Target on Conagra Brands to $30 From $33	07-12	MT
Jefferies Adjusts Price Target on Conagra Brands to $27 From $29	07-12	MT
RBC Capital Adjusts Price Target on Conagra Brands to $29 From $30	07-12	MT
Consumer Cos Fall After Powell Testimony -- Consumer Roundup	07-11	DJ
Conagra Brands Files Mixed Shelf	07-11	MT
Tranche Update on Conagra Brands, Inc.'s Equity Buyback Plan announced on February 16, 2010.	07-11	CI
Nvidia pulls S&P 500 lower as small caps rally	07-11	RE
Conagra Brands projects lower annual sales, profit on tepid demand recovery	07-11	RE
Conagra Brands Posts Mixed Quarterly Results, Forecasts 'Gradual Waning' of Market Challenges	07-11	MT
Wall Street choppy as inflation data lifts small-cap stocks	07-11	RE
Transcript : Conagra Brands, Inc., Q4 2024 Earnings Call, Jul 11, 2024	07-11
Sector Update: Consumer Stocks Flat to Higher Premarket Thursday	07-11	MT
Conagra: EPS virtually stable in Q4	07-11	CF
Conagra Brands Fiscal Q4 Adjusted Earnings, Net Sales Decline; Issues Fiscal 2025 Outlook	07-11	MT
Earnings Flash (CAG) CONAGRA BRANDS Reports Q4 Revenue $2.91B, vs. Street Est of $2.93B	07-11	MT
Earnings Flash (CAG) CONAGRA BRANDS Reports Q4 EPS $0.61, vs. Street Est of $0.57	07-11	MT

Chart Conagra Brands, Inc.

Duration

Period

More charts

Company Profile

Conagra Brands, Inc. is among the major American agri-food groups. The group offers starters, ready-made meals, condiments, sauces, snacks, desserts, etc. (Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands). Net sales break down by activity as follows: - sale to supermarkets distribution (82.6%); - sale to catering establishments (9.2%). The balance of net sales (8.2%) concerns international business.

Sector

Food Processing

Calendar

02/10/2024 - Q1 2025 Earnings Release (Projected)

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for Conagra Brands, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

28.6 USD

Average target price

30.22 USD

Spread / Average Target

+5.65%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Processing

	1st Jan change	Capi.
CONAGRA BRANDS, INC.	-0.21%	13.68B
NESTLÉ S.A.	-4.89%	273B
MONDELEZ INTERNATIONAL, INC.	-11.16%	86.32B
DANONE	-0.65%	41B
KRAFT HEINZ	-12.68%	39.21B
THE HERSHEY COMPANY	+1.33%	38.21B
GENERAL MILLS, INC.	-3.50%	35.09B
ARCHER-DANIELS-MIDLAND COMPANY	-12.21%	31.35B
NESTLÉ INDIA LIMITED	-2.03%	30.03B
ASSOCIATED BRITISH FOODS PLC	+4.76%	23.79B

Other Food Processing