Conagra Brands Q2 Adj. EPS $0.45 Beats $0.44 Estimate, Sales $2.979B Miss $2.986B Estimate

Conagra Brands (NYSE:CAG) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.44 by 2.74 percent. This is a 35.71 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $2.979 billion which missed the analyst consensus estimate of $2.986 billion by 0.24 percent. This is a 6.76 percent decrease over sales of $3.195 billion the same period last year.