Investing.com - ConAgra Foods (NYSE:CAG) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
ConAgra Foods announced earnings per share of $0.81 on revenue of $3B. Analysts polled by Investing.com anticipated EPS of $0.7317 on revenue of $3B.
ConAgra Foods shares are up 2.13% from the beginning of the year and are trading at $35.75 , down-from-52-week-high.They are outperforming the S&P 500 which is down 0.21% from the start of the year.
ConAgra Foods shares gained 0.06% in pre-market trade the report.
ConAgra Foods follows other major Consumer/Non-Cyclical sector earnings this month
ConAgra Foods's report follows an earnings beat by Constellation Brands A on Thursday, who reported EPS of $3.09 on revenue of $2.43B, compared to forecasts EPS of $2.4 on revenue of $2.23B.
General Mills had beat expectations on Thursday, December 17, 2020 with second quarter EPS of $1.06 on revenue of $4.72B, compared to forecast for EPS of $0.9732 on revenue of $4.65B.
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