Should You Buy ConAgra Brands After Its Post-Earnings Plunge? [The Motley Fool]
ConAgra Brands, Inc. (CAG)
Last conagra brands, inc. earnings: 3/31 07:28 am
Check Earnings Report
US:NYSE Investor Relations:
conagrabrands.com/investor-relations
Company Research
Source: The Motley Fool
The acquisition of Pinnacle is weighing down the packaged food giant's earnings. Shares of ConAgra Brands ( NYSE:CAG ) plunged 17% on Dec. 20, after the packaged foods giant followed up its second-quarter earnings with light guidance. A broader sell-off across the markets, sparked by the Fed's rate hike and soft outlook for the U.S. economy, exacerbated the pain. ConAgra's revenue rose 9.7% annually to $2.38 billion, beating expectations by $10 million. However, most of that growth was attributed to its acquisition of Pinnacle Foods in October. On an organic basis -- which excludes the acquisition, the sale of a Missouri production facility, and other one-time gains -- its revenue fell 1.6%. ConAgra attributed 2.2 percentage points of that decline to the impact of hurricanes in the prior-year quarter. Image source: Getty Images. ConAgra's adjusted diluted EPS from continuing operations rose 22% annually to $0.67, which beat expectations by $0.10. However, i
Show less
Read more
Impact Snapshot
Event Time:
CAG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAG alerts
High impacting ConAgra Brands, Inc. news events
Weekly update
A roundup of the hottest topics
CAG
News
- Cultura Technologies Appoints Jeff Schreiner as SVP of Global Collaboration [Yahoo! Finance]Yahoo! Finance
- Vlasic Pickles Launches Playful Pickleball Collaborations with Sprints and Tervis [Yahoo! Finance]Yahoo! Finance
- Vlasic Pickles Launches Playful Pickleball Collaborations with Sprints and TervisPR Newswire
- UPDATE 1-Pop-Tarts maker Kellanova tops estimates on steady demand, higher prices [Yahoo! Finance]Yahoo! Finance
- Kellanova posts upbeat Q1 results as demand held steady [Reuters]Reuters
CAG
Earnings
- 4/4/24 - Beat
CAG
Sec Filings
- 5/6/24 - Form 4
- 5/1/24 - Form 8-K
- 4/30/24 - Form 8-K
- CAG's page on the SEC website