Conagra Brands, Inc. (CAG - Free Report) has carved a name for itself in the processed & packaging food industry with superior processed food items for household and commercial clients.
Currently, CAG has a Zacks Rank #3 (Hold), but that could definitely change after the release of its first-quarter fiscal 2018 (ended Aug 31, 2017) results. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: CAG’s adjusted earnings from continuing operations in first-quarter fiscal 2018, came in at 46 cents, above with the Zacks Consensus Estimate of 41 cents.
Revenue: CAG posted revenues of $1,804.2 million, above the Zacks Consensus Estimate of $1,787 million.
Key Stats: CAG is poised to grow on the back of stronger innovation, ongoing volume strategy and increased sales. The company reaffirmed its earnings guidance range within 1.84-$1.89 per share for fiscal 2018. Moreover, Conagra plans to buyback roughly $1.1 billion worth shares of its common stock in fiscal 2018.
Stock Price: Shares prices of CAG did not change on a pre-market trading basis.
As of Sep 27, 2017, CAG’s closed the trading session at $33.34 per share.
Check back our full write up on this CAG earnings report later!
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It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Conagra Brands, Inc. (CAG - Free Report) has carved a name for itself in the processed & packaging food industry with superior processed food items for household and commercial clients.
Currently, CAG has a Zacks Rank #3 (Hold), but that could definitely change after the release of its first-quarter fiscal 2018 (ended Aug 31, 2017) results. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: CAG’s adjusted earnings from continuing operations in first-quarter fiscal 2018, came in at 46 cents, above with the Zacks Consensus Estimate of 41 cents.
Revenue: CAG posted revenues of $1,804.2 million, above the Zacks Consensus Estimate of $1,787 million.
Key Stats: CAG is poised to grow on the back of stronger innovation, ongoing volume strategy and increased sales. The company reaffirmed its earnings guidance range within 1.84-$1.89 per share for fiscal 2018. Moreover, Conagra plans to buyback roughly $1.1 billion worth shares of its common stock in fiscal 2018.
Stock Price: Shares prices of CAG did not change on a pre-market trading basis.
As of Sep 27, 2017, CAG’s closed the trading session at $33.34 per share.
Check back our full write up on this CAG earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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