Benzinga | Oct 7, 2021 07:31AM EDT

Conagra Brands Q1 Adj. EPS $0.50 Beats $0.49 Estimate, Sales $2.65B Beat $2.54B Estimate

Conagra Brands (NYSE:CAG) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.49 by 2.04 percent. This is a 28.57 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $2.65 billion which beat the analyst consensus estimate of $2.54 billion by 4.45 percent. This is a 0.97 percent decrease over sales of $2.68 billion the same period last year.