Categories AlphaGraphs, Consumer, Earnings
CAG Earnings: All you need to know about Conagra’s Q2 2024 earnings results
Conagra Brands, Inc. (NYSE: CAG) reported second quarter 2024 earnings results today.
Net sales decreased 3.2% year-over-year to $3.21 billion. Organic net sales decreased 3.4%.
Net income attributable to Conagra Brands decreased 25.1% to $286 million, or $0.60 per share compared to the prior-year quarter. Adjusted net income decreased 12.9% to $341 million, or $0.71 per share.
Earnings beat estimates while revenue fell short.
For fiscal year 2024, the company expects organic net sales to decrease 1-2% compared to fiscal year 2023. Adjusted EPS is expected to be $2.60-2.65.
The stock dropped 2% in premarket hours on Thursday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
