CAG: Continued Margin Progress Drives Q4 EPS as Planned; Fiscal 2016 Portfolio, Margin, Balance Sheet Progress Sets Strong Foundation
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RBC Capital Raises Price Target on ConAgra Foods (CAG) Following In-Line 4Q
July 1, 2016 7:27 AM EDTRBC Capital reiterated a Sector Perform rating on ConAgra Foods (NYSE: CAG), and raised the price target to $50.00 (from $48.00), following the company's 4Q earnings report. CAG reported EPS of $0.52, in-line with the Street's estimate. FY17 estimates of $2.42 was reiterated. FY18 EPS estimate were raised from $2.52 to... More
ConAgra Foods (CAG) Reports In-Line Q4 EPS
June 30, 2016 7:31 AM EDTConAgra Foods (NYSE: CAG) reported Q4 EPS of $0.52, in-line with the analyst estimate of $0.52. Revenue for the quarter came in at $2.83 billion versus the consensus estimate of $2.89 billion.
Outlook
The company plans to separate into two... More
