Categories AlphaGraphs, Consumer, Earnings
CAG Earnings: Key quarterly highlights from Conagra’s Q3 2022 financial results
Conagra Brands, Inc. (NYSE: CAG) reported third quarter 2022 earnings results today.
Net sales increased 5.1% to $2.9 billion. Organic net sales were up 6%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2022/04/Conagra-Brands-Q3-2022-Earnings-Infographic-2-649x1024.jpg)
Net income attributable to Conagra Brands decreased 22.4% to $218 million, or $0.45 per share. Adjusted net income decreased 3.1% to $279 million, or $0.58 per share.
For FY2022, organic net sales is expected to grow approx. 4% while adjusted EPS is estimated to be approx. $2.35. For Q4 2022, organic net sales is expected to grow approx. 7% while EPS is estimated to be approx. $0.64.
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