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Conagra (CAG) Stock Drops After Earnings Miss
CAGConagra(CAG) Gurufocus·2024-10-02 16:06

Conagra Brands (CAG, Financial) experienced a significant movement today, with its stock price falling by 9.95% to $29.465. This decline follows a disappointing earnings report for fiscal Q1 2025.For fiscal Q1 2025, analysts had forecasted Conagra to earn $0.59 per share on sales exceeding $2.8 billion. However, the company reported earnings of just $0.53 per share, with sales falling slightly short of the $2.8 billion mark.Q1 saw sales decrease by 4% and operating profit margins drop nearly 250 basis point ...