Conagra Brands, Inc. (CAG) is a leading packaged foods company headquartered in Chicago, Illinois. With a market cap of $15.5 billion, the company specializes in producing and marketing a diverse portfolio of branded and private-label food products across various categories, including frozen meals, snacks, condiments, and shelf-stable meals. It is expected to release its fiscal Q3 earnings results before the market opens on Thursday, Apr. 3.
Ahead of this event, analysts project the CAG to report a profit of $0.59 per share, a decline of 14.5% from $0.69 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in three of the last four quarterly reports, while missing on another occasion.
