Here is your Cheat Sheet to ConAgra Foods Earnings:
Earnings Expectations: Analysts expect earnings of $0.57 per share on revenues of $3.88 billion. Currently, the company’s P/E ratio stands at 22.45.
Analyst Trends:
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.53 to a profit $0.58. For the current year, the average estimate is a profit of $2.15, which is better than the estimate ninety days ago.
Earnings Trends:
Here’s how ConAgra Foods has been performing on an annual basis:
ere’s how ConAgra Foods has been performing on an annual basis:
| Fiscal Year | 2008 | 2009 | 2010 | 2011 | 2012 |
| Revenue ($) in millions | 11,250 | 12,350 | 12,010 | 12,300 | 13,260 |
| Diluted EPS ($) | 1.90 | 2.15 | 1.37 | 1.88 | 1.12 |
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
| Quarter | Nov. 30, 2011 | Feb. 29, 2012 | May. 31, 2012 | Aug. 31, 2012 | Nov. 30, 2012 |
| Revenue ($)in millions | 3,432 | 3,373 | 3,352 | 3,312 | 3,736 |
| Diluted EPS($) | 0.43 | 0.65 | -0.18 | 0.61 | 0.51 |
Past Performance:
ConAgra Foods has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
