ConAgra Brands (CAG) shares slide as full-year EPS guidance misses consensus
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Conagra Brands cuts annual forecasts on sluggish demand recovery
January 4, 2024 7:37 AM ESTBy Juveria Tabassum
(Reuters) -Conagra Brands cut its annual organic net sales growth and profit forecasts on Thursday, warning of a slower recovery in demand for its packaged meals and snacks.
The Slim Jim beef jerky maker recorded its 10th straight quarter of volume declines, forcing the company to ramp up its marketing and advertising spend in some categories.
"We... More
ConAgra Brands (CAG) Tops Q2 EPS by 3c, Offers Guidance
January 4, 2024 7:32 AM ESTConAgra Brands (NYSE: CAG) reported Q2 EPS of $0.71, $0.03 better than the analyst estimate of $0.68. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.24 billion.
GUIDANCE:
ConAgra Brands sees FY2024 EPS of $2.60-$2.65, versus the consensus of... More
ConAgra Brands (CAG) January weekly 29.50 straddle into quarter results
January 4, 2024 5:12 AM ESTConAgra Brands (NYSE: CAG) January weekly 29.50 straddle priced for a move of 4% into the expected release of quarter results today before the bell.
... MoreConAgra Brands (CAG) call put ratio 4.8 calls to 1 put into quarter results and outlook
January 3, 2024 10:29 AM ESTConAgra Brands (NYSE: CAG) January weekly option implied volatility is at 71, February is at 31; compared to its 52-week range of 14 to 31 to the expected release of quarter results before the bell on January 4. Call put ratio 4.8 calls to 1 put.
... MoreConAgra Brands (CAG) call put ratio 3.4 calls to 1 put into quarter results
January 3, 2024 4:23 AM ESTConAgra Brands (NYSE: CAG) January weekly 29.50 straddle priced for a move of 4% into the expected release of quarter results before the bell on January 4.
... More