Investing.com - ConAgra Foods (NYSE:CAG) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ConAgra Foods announced earnings per share of $0.54 on revenue of $2.74B. Analysts polled by Investing.com anticipated EPS of $0.5173 on revenue of $2.71B.
ConAgra Foods shares are down 0% from the beginning of the year and are trading at $35.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 16.73% from the start of the year.
ConAgra Foods shares lost 2.59% 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 PepsiCo on Tuesday, who reported EPS of $1.72 on revenue of $19.22B, compared to forecasts EPS of $1.53 on revenue of $17.97B.
Constellation Brands B had missed expectations on Wednesday, June 30, 2021 with first quarter EPS of $2.33 on revenue of $2.03B, compared to forecast for EPS of $2.35 on revenue of $2.02B.
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