Loading...Loading...Conagra Brands, Inc. CAG will release its fiscal 2024 fourth quarter financial results, before the opening bell on Thursday, July 11.Analysts expect the Chicago, Illinois-based company to report quarterly earnings at 57 cents per share, down from 62 cents per share in the year-ago period. Conagra Brands is expected to post revenue of $2.93 billion, compared to $2.97 billion a year earlier, according to data from Benzinga Pro.On April 11, Conagra Brands announced a quarterly dividend paym ...

Grand Prize Includes an Outdoor At-Home Theater, One-Year Supply of Orville Redenbacher's Microwave Popcorn and SeasoningsCHICAGO, July 9, 2024 /PRNewswire/ -- Orville Redenbacher's® Gourmet Popping Corn, America's leading fresh popped popcorn brand1, and Hallmark Channel, the #1 destination for feel-good seasonal entertainment, are offering the "Ultimate Outdoor Movie Night" Sweepstakes. The grand prize – an outdoor movie theater package – will bring Hallmark's sweetest summer movies to your own backyard.  ...

Thomas BarwickDear readers/followers, Conagra Brands (NYSE:CAG) is slated to present earnings for 1Q24, which is in three days from my time of writing this article. Because Conagra remains a non-trivial position in my commercial and personal portfolio, I intend to present you with an earnings preview here - both looking at what upside we may get for Conagra. I have been pushing capital to work here since the company has been cheap, in my estimate. And in my estimate, the company is "cheap" below a $29 s ...

Conagra Brands, Inc. (CAG) is likely to register a top- and bottom-line decline when it reports fourth-quarter fiscal 2024 earnings on Jul 11. The Zacks Consensus Estimate for net sales is pegged at $2.9 billion, suggesting a decline of 1.2% from the prior-year quarter’s reported figure. The consensus mark for the fiscal 2024 top line is pegged at $12.1 billion, indicating a decline of 1.6% from the year-ago period’s reported figure.The consensus mark for quarterly earnings has moved down by a penny in the ...

Conagra Brands, Inc. (CAG) maintains its focus on investing in innovation, considering it the primary asset in its strategic approach and essential for enhancing its brands and fostering sustainable growth. In its latest release, the company announced that it is launching an impressive array of more than 50 new products this summer.These innovations span single-serve and multi-serve frozen meals, frozen vegetables and snacks, enhancing Conagra's extensive portfolio of top-tier brands. With strong brands lik ...

Conagra Brands, Inc. (CAG) continues to be driven by its focus on brand-building through innovation, merchandising and advertising. The company has been witnessing market share gains in the frozen category. In the third quarter of fiscal 2023, the frozen business remained strong despite a challenging landscape. This reflects the forte of the company’s brands and the effective execution of the Conagra Way playbook.These upsides bode well for this Zacks Rank #3 (Hold) company amid elevated costs related to gr ...

"We have a diverse collection of new food that offers something for every taste," said Burke Raine, President, Refrigerated & Frozen for Conagra Brands. "Our team has worked hard to craft delicious new recipes, and we look forward to consumers trying them for the first time." Highlights from Conagra Brands' summer slate of new food include the following. Dolly Serves Up New Dinner and Desserts: Dolly Parton's Southern-style recipes have been a big hit in the baking aisle thanks to her Duncan Hines® baking ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Conagra Brands (CAG) . This company, which is in the Zacks Food - Miscellaneous industry, shows potential for another earnings beat.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.89%.For the last report ...

Collaborations with Microsoft and Ernst & Young LLP (EY) accelerate AI initiatives CHICAGO, June 25, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced it is advancing its artificial intelligence solutions through a human-centered approach that prioritizes responsible use of AI across the company. By putting employees at the center of its AI strategy, Conagra aims to drive efficiencies by leveraging innovative tools to develop, optimize and reimagine its capabilities. This approach empowe ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. ...