Conagra Brands Inc. (CAG) announced earnings for its fourth quarter that increased from last year.
The company's profit totaled $309.5 million, or $0.64 per share. This compares with $201.4 million, or $0.41 per share, in last year's fourth quarter.
Excluding items, Conagra Brands Inc. reported adjusted earnings of $260.8 million or $0.54 per share for the period.
Analysts had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 16.7% to $2.74 billion from $3.29 billion last year.
Conagra Brands Inc. earnings at a glance:
-Earnings (Q4): $260.8 Mln. vs. $367.6 Mln. last year.-EPS (Q4): $0.54 vs. $0.75 last year.-Analysts Estimate: $0.52 -Revenue (Q4): $2.74 Bln vs. $3.29 Bln last year.
For comments and feedback contact: editorial@rttnews.com
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.