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 $0.57 on revenue of $2.9B. Analysts polled by Investing.com anticipated EPS of $0.52 on revenue of $2.84B.
ConAgra Foods shares are down 1% from the beginning of the year and are trading at $33.80 , down-from-52-week-high.
ConAgra Foods follows other major Consumer Staples sector earnings this month
ConAgra Foods's report follows an earnings beat by Costco on Thursday, September 22, 2022, who reported EPS of $4.2 on revenue of $72.09B, compared to forecasts EPS of $4.17 on revenue of $70.8B.
General Mills had beat expectations on Wednesday, September 21, 2022 with first quarter EPS of $1.11 on revenue of $4.7B, compared to forecast for EPS of $1 on revenue of $4.72B.
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