Conagra Brands Q3 Profit Beats Estimates, Organic Sales Down 2.2%; Lifts Outlook

Conagra Brands, Inc. (CAG) reported that its third-quarter adjusted earnings per share from continuing operations grew 27.1% to $0.61 from $0.48, prior year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.56 for the quarter. Analysts' estimates typically exclude special items. Aided by a lower effective tax rate, earnings per share from continuing operations grew 112.2% to $0.87 from $0.41, a year ago.

from RTT - Earnings http://ift.tt/2HTVsWd
via IFTTT