3 Stocks Heading in Different Directions After Earnings
ConAgra Foods, Inc. (NYSE:CAG) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 17.65% to $0.6 in the quarter versus EPS of $0.51 in the year-earlier quarter. Revenue Rose 34.56% to $4.59 billion from the year-earlier quarter.
ConAgra Foods, Inc. reported adjusted EPS income of $0.6 per share. By that measure, the company beat the mean analyst estimate of $0.59. It missed the average revenue estimate of $4.6 billion.