(CercleFinance.com) – On the occasion of its quarterly reports, Conagra Brands indicates that it no longer expects adjusted EPS of around 2.35 dollars for the current financial year, compared to a previous forecast of around 2.50 dollars.
The adjusted operating margin should be around 14.5%, instead of around 15.5% in the previous estimate, and the organic growth of its net sales should be around +4% and not more than around +3% as previously expected.
The agri-food group publishes for its third accounting quarter adjusted EPS down 1.7% to $0.58, with an adjusted operating margin down 2.3 points to 13.7% for organic revenue growth 6% to 2.9 billion.
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