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Conagra Brands reported Q3 earnings of $0.53 per share, missing estimates, and shares fell 10.5%.
Conagra Brands, Inc. (CAG) saw a 10.5% decrease in shares held by Fernwood Investment Management in Q3 2019, while other investors adjusted their stakes.
The company reported earnings of $0.53 per share, below the $0.60 estimate, and revenue of $2.79 billion, missing projections.
It declared a quarterly dividend of $0.35 per share, yielding 4.83%.
Institutional investors own 83.75% of shares, and analysts have mixed ratings on the stock.
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Conagra Brands reportó ganancias de Q3 de $0.53 por acción, estimaciones faltantes, y acciones cayeron 10,5%.