ROUNDUP Conagra Brands Boosts FY23 Adj EPS Outlook

WASHINGTON (dpa-AFX) – While reporting financial results for the third quarter on Wednesday, branded food company Conagra Brands, Inc. (CAG) raised its adjusted earnings guidance for the full-year 2023, while trimming annual organic net sales growth outlook. For fiscal 2023, the company now projects adjusted earnings in a range of $2.70 to $2.75 per share on organic net sales growth of 7 to 7.5 percent. Previously, the company expected adjusted earnings in the range of $2.60 to $2.70 per share on organic net sales growth of 7 to 8 percent. The Street is currently looking for earnings of $2.68 per…