Conagra Brands Lowers Fiscal 2027 Profit Forecast Below Analyst Estimates
Conagra Brands (CAG) reduced its fiscal 2027 profit forecast to $1.40–$1.50 per share, below the estimated $1.59 average by analysts. The company also cut its annualized dividend in half and reported a quarterly net loss of $1.6 billion due to impairment charges.
Tickers: $CAG