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Conagra Brands Inc. Q4 adjusted earnings Beat Estimates

Conagra Brands Inc. (CAG) announced a profit for its fourth quarter that climbed from last year.

The company's profit totaled $201.4 million, or $0.41 per share. This compares with $126.5 million, or $0.26 per share, in last year's fourth quarter.

Excluding items, Conagra Brands Inc. reported adjusted earnings of $367.6 million or $0.75 per share for the period.

Analysts had expected the company to earn $0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 25.3% to $3.27 billion from $2.61 billion last year.

Conagra Brands Inc. earnings at a glance:

-Earnings (Q4): $367.6 Mln. vs. $174.6 Mln. last year.
-EPS (Q4): $0.75 vs. $0.36 last year.
-Analysts Estimate: $0.66
-Revenue (Q4): $3.27 Bln vs. $2.61 Bln last year.

Next quarter EPS guidance: $0.54 to $0.59

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