Conagra Brands Inc. (CAG) said it expects adjusted earnings per share for the fourth-quarter to be in the range of $0.49 to $0.55. Analysts polled by Thomson Reuters expect the company to report earnings of $0.51 per share for the fourth-quarter. Analysts' estimates typically exclude special items. The company projects organic net sales for the fourth-quarter decline in the range of 10% to 12%.
The company reaffirmed its fiscal 2022 guidance. It projects annual adjusted earnings per share to be between $2.63 and $2.73, organic net sales growth at a 3-year CAGR ending fiscal 2022 of 1 to 2 percent. Analysts expect annual earnings of $2.60 per share.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.