Conagra Brands Inc Q3 Profit Increases beats estimates

WASHINGTON (dpa-AFX) – Conagra Brands Inc. (CAG) announced earnings for its third quarter that increased from the same period last year and beat the Street estimates. The company’s earnings came in at $341.7 million, or $0.71 per share. This compares with $218.4 million, or $0.45 per share, in last year’s third quarter. Excluding items, Conagra Brands Inc. reported adjusted earnings of $366.0 million or $0.76 per share for the period. Analysts on average had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items. The company’s revenue for the…