Conagra Brands 3Q Revenues And Profits Beat Estimates; Street Says Hold

Conagra Brands reported strong revenues and profits in the fiscal third quarter. Adjusted earnings per share of $0.59 came in ahead of consensus estimates of $0.58 per share while revenues increased 8.5% year-on-year to $2.8 billion, beating consensus estimates of $2.72 billion. Conagra Brands’ (CAG) President and CEO, Sean Connolly...