Here's What Key Metrics Tell Us About Conagra Brands (CAG) Q3 Earnings

For the quarter ended February 2025, Conagra Brands (CAG) reported revenue of $2.84 billion, down 6.3% over the same period last year. EPS came in at $0.51, compared to $0.69 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.89 billion, representing a surprise of -1.67%. The company delivered an EPS surprise of -1.92%, with the consensus EPS estimate being $0.52.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Conagra Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Price/Mix - Grocery and Snacks: -2.6% versus -1.3% estimated by four analysts on average. Price/Mix - Foodservice: 3.7% versus the four-analyst average estimate of 2.4%. Volume (Organic) - Foodservice: -10% versus the four-analyst average estimate of -2.1%. Price/Mix - International: 4.4% versus the four-analyst average estimate of 1.4%. Volume (Organic) - International: -5.6% versus the four-analyst average estimate of -0.3%. Price/Mix - Refrigerated and Frozen: -4.2% versus the four-analyst average estimate of -3%. Volume (Organic) - Refrigerated and Frozen: -3% compared to the -2.3% average estimate based on four analysts. Volume (Organic) - Grocery and Snacks: -1.3% versus the four-analyst average estimate of 0.5%. Sales- Grocery & Snacks: $1.25 billion versus the four-analyst average estimate of $1.29 billion. The reported number represents a year-over-year change of -3.2%. Sales- Foodservice: $256.10 million compared to the $273.70 million average estimate based on four analysts. The reported number represents a change of -6.1% year over year. Sales- International: $223.90 million compared to the $242.41 million average estimate based on four analysts. The reported number represents a change of -17.6% year over year. Sales- Refrigerated & Frozen: $1.12 billion versus the four-analyst average estimate of $1.14 billion. The reported number represents a year-over-year change of -7.2%. View all Key Company Metrics for Conagra Brands here>>>Shares of Conagra Brands have returned +3.9% over the past month versus the Zacks S&P 500 composite's -4.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Conagra Brands (CAG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks