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Conagra Brands Reaffirms FY24 Outlook - Update

2024-06-07MyfxbookMyfxbook
While reporting financial results for the third quarter on Thursday, branded food company Conagra Brands, Inc. (CAG) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2024.
Conagra Brands Reaffirms FY24 Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Thursday, branded food company Conagra Brands, Inc. (CAG) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2024.

For fiscal 2024, the company continues to project adjusted earnings in a range of $2.60 to $2.65 per share on organic net sales decline of 1 to 2 percent.

On average, 16 analysts polled by Thomson Reuters expect the company to report earnings of $2.60 per share on a revenue decline of 1.6 percent to $12.08 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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