Conagra (CAG) Q3 Earnings Beat, Organic Sales Decline Y/Y
Conagra(CAG) Zacks Investment Research·2024-04-04 15:36Conagra Brands, Inc. (CAG) has delivered mixed results for the third quarter of fiscal 2024. In the quarter, the top and bottom lines declined year over year. Results have been affected by lower volumes stemming from the slowdown in consumption and the adverse impacts of pricing in certain segments. However, sales and earnings surpassed the Zacks Consensus Estimate.Quarter in DetailConagra’s quarterly adjusted earnings per share (EPS) came in at 69 cents, beating the Zacks Consensus Estimate of 63 cents. Th ...