Conagra Brands (CAG) Reports Q3 Earnings: What Key Metrics Have to Say

Conagra Brands (CAG) reported $3.03 billion in revenue for the quarter ended February 2024, representing a year-over-year decline of 1.7%. EPS of $0.69 for the same period compares to $0.76 a year ago.The reported revenue represents a surprise of +0.65% over the Zacks Consensus Estimate of $3.01 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +7.81%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...