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News

What ConAgra Foods' Earnings Mean for Mutual Fund Investors (CAG)

Shauna O'Brien Dec 18, 2014



Inside the Results


The company reported earnings of $26.6 million, or 5 cents per share, down from $210.4 million, or 48 cents per share, a year ago. Excluding special items, earnings were 61 cents per share, up from 56 cents per share last year. On average, analysts expected to see EPS of 61 cents per share.

Revenue
Sales dipped to $4.15 billion from last year’s $4.22 billion. Analysts expected to see revenue of $4.20 billion.


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The Bottom Line


Shares of CAG are up 10% YTD.

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