With a market cap of $15.5 billion, Conagra Brands, Inc. (CAG) is a leading consumer packaged goods company. It offers a diverse range of branded food products across Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Chicago, Illinois-based company is expected to release its fiscal Q1 earnings results before the market opens on Wednesday, Oct. 2.
Ahead of this event, analysts project the packaged foods company to report a profit of $0.59 per share, a decline of 10.6% from $0.66 per share in the year-ago quarter. However, the company has consistently surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. In Q4 2024, CAG reported an EPS of $0.61, beating the consensus estimate by 8.9%.
