Conagra Brands (CAG) is scheduled to report its Q4 earnings on July 15, with an expected 46 cents per share. Analysts anticipate a decline in earnings as the company faces pressure on its revenue growth prospects. Additionally, the firm is grappling with rising costs related to commodities, proteins, and tariffs ahead of the fiscal report.
The food giant prepares to report its fiscal results amid rising commodity and protein costs that threaten to weigh on profit margins.
Read the full storyAnalysts forecast quarterly earnings declines for Conagra Brands and Elevance Health, citing a lack of catalysts for positive surprises.
Analysts turn bearish on Conagra Brands with earnings of 46 cents per share expected on July 15, amid shifting consumer packaged goods sentiment.