Conagra Brands: Consensus Estimate for Fiscal First Quarter
For Conagra’s fiscal first quarter, analysts expect it to sustain its EPS growth rate. Analysts expect the company to report adjusted earnings of $0.49 per share, which would be a YoY (year-over-year) growth of 6.5%. A tough YoY comparison, a deceleration in its sales growth rate, higher input, supply-chain costs, and increased interest expenses are likely to restrict Conagra’s EPS growth rate.