"Conagra Brands Prepares for Earnings Report: Analysts Forecast Growth Amid Industry Shift Towards Healthier Options"

Conagra Brands is set to report Q4 earnings on July 10, with analysts forecasting $0.61 per share on $2.88 billion revenue. Q3 results met expectations, with snack volumes up 4%. Recent acquisition FATTY Smoked Meat Sticks is performing well, positioning the company for growth as the industry shifts towards healthier options.

Historical data shows a 39% chance of positive one-day post-earnings returns for Conagra, with a median of 1.5% on positive returns and -2.0% on negative returns. Understanding correlations between short-term and medium-term returns post-earnings can help traders make informed decisions on positioning themselves before or after earnings releases.

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Read more at Nasdaq: How Will Conagra’s Stock React To Its Upcoming Earnings?