Conagra Brands (CAG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended November 2023, Conagra Brands (CAG) reported revenue of $3.21 billion, down 3.2% over the same period last year. EPS came in at $0.71, compared to $0.81 in the year-ago quarter.The reported revenue represents a surprise of -0.98% over the Zacks Consensus Estimate of $3.24 billion. With the consensus EPS estimate being $0.67, the EPS surprise was +5.97%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...