Categories AlphaGraphs, Consumer

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%.

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.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top