Conagra Brands (NYSE:CAG) reported its Q2 earnings results on Thursday, January 6, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Conagra Brands missed estimated earnings by 5.88%, reporting an EPS of $0.64 versus an estimate of $0.68, which did not surprise analysts.
Revenue was up $63.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 1.46% drop in the share price the next day.
Here’s a look at Conagra Brands’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.49 | 0.52 | 0.58 | 0.73 |
| EPS Actual | 0.50 | 0.54 | 0.59 | 0.81 |
| Revenue Estimate | 2.54B | 2.71B | 2.72B | 2.99B |
| Revenue Actual | 2.65B | 2.74B | 2.77B | 3.00B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
