ConAgra maintains guidance at $1.73 per share
by Eric Schroeder
OMAHA, NEB. — ConAgra Foods Inc. affirmed its previously announced guidance of $1.73 per share for the year, up from 2009 but slightly short of Wall Street's expectations.
“This reflects earnings per share growth primarily driven by profit improvement for the company's Consumer Foods segment,” the company said in a May 24 filing with the Securities and Exchange Commission.
Omaha-based ConAgra also said it continues to see its annual revenue growing 3% to 4% and its net income per share growing 8% to 10% over the long term.