Investing.com - ConAgra Foods (NYSE:CAG) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ConAgra Foods announced earnings per share of $0.7 on revenue of $2.68B. Analysts polled by Investing.com anticipated EPS of $0.57 on revenue of $2.61B.
ConAgra Foods shares are up 15% from the beginning of the year and are trading at $35.48 , down-from-52-week-high.They are under-performing the Nasdaq which is up 26.04% from the start of the year.
ConAgra Foods shares lost 0.64% in intra-day trade the report.
ConAgra Foods follows other major Consumer/Non-Cyclical sector earnings this month
ConAgra Foods's report follows an earnings beat by PepsiCo on Thursday, who reported EPS of $1.66 on revenue of $18.09B, compared to forecasts EPS of $1.48 on revenue of $17.2B.
General Mills had beat expectations on Wednesday, September 23, 2020 with first quarter EPS of $1 on revenue of $4.36B, compared to forecast for EPS of $0.88 on revenue of $4.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar