Conagra Brands (CAG) to Release Quarterly Earnings on Thursday

Conagra Brands (NYSE:CAG - Get Free Report) is projected to announce its Q3 2025 earnings results before the market opens on Thursday, April 3rd. Analysts expect Conagra Brands to post earnings of $0.52 per share and revenue of $2.92 billion for the quarter. Conagra Brands has set its FY25 guidance at approx $2.35 EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

Conagra Brands (NYSE:CAG - Get Free Report) last released its quarterly earnings data on Thursday, April 3rd. The company reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). Conagra Brands had a net margin of 4.13% and a return on equity of 13.76%. The company had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.92 billion. During the same quarter in the previous year, the business posted $0.69 EPS. The business's quarterly revenue was down 6.3% on a year-over-year basis. On average, analysts expect Conagra Brands to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Conagra Brands Stock Performance

Shares of CAG traded up $0.41 during mid-day trading on Thursday, reaching $26.79. The company had a trading volume of 6,088,278 shares, compared to its average volume of 5,087,654. The stock has a 50 day moving average of $25.69 and a two-hundred day moving average of $27.52. The company has a quick ratio of 0.22, a current ratio of 0.70 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $12.79 billion, a P/E ratio of 26.26, a PEG ratio of 1.76 and a beta of 0.18. Conagra Brands has a 52-week low of $23.06 and a 52-week high of $33.24.

Remove Ads

Conagra Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, April 28th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 5.23%. Conagra Brands's dividend payout ratio is presently 137.25%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Royal Bank of Canada reissued a "sector perform" rating and set a $29.00 price target on shares of Conagra Brands in a report on Friday, December 20th. Bank of America lowered their target price on shares of Conagra Brands from $31.00 to $29.00 and set a "neutral" rating on the stock in a research note on Friday, December 20th. Barclays lowered their price target on Conagra Brands from $33.00 to $32.00 and set an "overweight" rating on the stock in a research report on Monday, December 23rd. JPMorgan Chase & Co. cut their price objective on Conagra Brands from $29.00 to $26.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. Finally, The Goldman Sachs Group lowered Conagra Brands from a "buy" rating to a "neutral" rating and decreased their target price for the company from $33.00 to $26.00 in a research report on Monday, February 24th. Nine equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $28.20.

Conagra Brands Company Profile

Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.