ConAgra Foods (NYS: CAG) is expected to report Q4 earnings around June 21. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ConAgra Foods's revenues will grow 35.0% and EPS will grow 15.7%.

The average estimate for revenue is $4.61 billion. On the bottom line, the average EPS estimate is $0.59.


Revenue details
Last quarter, ConAgra Foods reported revenue of $3.85 billion. GAAP reported sales were 13% higher than the prior-year quarter's $3.40 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.55. GAAP EPS of $0.29 for Q3 were 57% lower than the prior-year quarter's $0.67 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 23.1%, 10 basis points worse than the prior-year quarter. Operating margin was 9.7%, 330 basis points worse than the prior-year quarter. Net margin was 3.1%, 510 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $15.68 billion. The average EPS estimate is $2.15.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 623 members out of 692 rating the stock outperform, and 69 members rating it underperform. Among 199 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 188 give ConAgra Foods a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ConAgra Foods is outperform, with an average price target of $35.92.

Can your portfolio provide you with enough income to last through retirement? You'll need more than ConAgra Foods. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.

The article ConAgra Foods Earnings Are on Deck originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Investment Strategies

What's your investing game plan?

View Course »

Introduction to ETFs

The basics of Exchange Traded Funds and why ETFs are hot.

View Course »

Add a Comment

*0 / 3000 Character Maximum