Earnings Recap and Valuation Analysis of Conagra Brands

After releasing fiscal Q4 sales and earrings report, CAG traded lower due to lower lower than expected guidance in operating earnings. The company beat slightly on the top and bottom line, and the lower forward outlook was provided after noting challenges with input costs. Based on the balance leverage ratios that have been moving favorably after Conagra purchased Pinnacle Foods for in 2019, CAG valuation looks compelling compared to peers in the same industry group.

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Earnings Recap and Valuation Analysis of Conagra Brands

After releasing fiscal Q4 sales and earrings report, CAG traded lower due to lower lower than expected guidance in operating earnings. The company beat slightly on the top and bottom line, and the lower forward outlook was provided after noting challenges with input costs. Based on the balance leverage ratios that have been moving favorably after Conagra purchased Pinnacle Foods for in 2019, CAG valuation looks compelling compared to peers in the same industry group.

ON AIR
7:00 am
Market Overtime
replay

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