Investing.com - ConAgra Foods (NYSE:CAG) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ConAgra Foods announced earnings per share of $0.59 on revenue of $2.77B. Analysts polled by Investing.com anticipated EPS of $0.5837 on revenue of $2.71B.
ConAgra Foods shares are up 2% from the beginning of the year and are trading at $37.31 , down-from-52-week-high.They are under-performing the S&P 500 which is up 8.62% from the start of the year.
ConAgra Foods shares gained 0.19% 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 $1.82 on revenue of $1.95B, compared to forecasts EPS of $1.55 on revenue of $1.86B.
General Mills had missed expectations on Wednesday, March 24, 2021 with third quarter EPS of $0.82 on revenue of $4.52B, compared to forecast for EPS of $0.8383 on revenue of $4.45B.
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