Conagra Brands, Inc. (NYSE:CAG) reported an EPS of $0.70, beating the estimated $0.67 and the Zacks Consensus Estimate of $0.68.
The company’s revenue reached $3.19 billion, higher than the estimated $3.15 billion, showcasing strong market demand.
Conagra adjusted its inflation outlook to 4%, indicating expectations of continued price increases affecting its cost structure.

Conagra Brands, Inc. (NYSE:CAG) is a major player in the food industry, known for its popular supermarket brands like Birds Eye and Healthy Choice. The company operates in a competitive market, with rivals such as General Mills and Kraft Heinz. Conagra’s focus on innovation and brand strength helps it maintain a significant market presence.
On December 19, 2024, Conagra reported earnings per share (EPS) of $0.70 (Non-GAAP EPS), surpassing the estimated $0.67. This performance also exceeded the Zacks Consensus Estimate of $0.68 per share, as highlighted by Zacks. However, it was slightly lower than the $0.71 per share reported in the same quarter last year, indicating a minor year-over-year decline.
Conagra’s revenue for the quarter was $3.19 billion, exceeding the estimated $3.15 billion. This strong revenue performance reflects the company’s ability to navigate market challenges and capitalize on consumer demand. The company’s net income for the period was $284.5 million, showcasing its profitability.
Conagra has adjusted its inflation outlook, now anticipating inflation to be close to 4%. This adjustment suggests that the company expects higher prices to persist, impacting its cost structure and pricing strategies. Despite these challenges, Conagra’s strong financial performance demonstrates its resilience in a dynamic market environment.