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ConAgra Foods has the Lowest Projected Earnings Growth in the Packaged Foods & Meats Industry (CAG, GIS, HSY, MKC, BGS)

By James Quinn

Below are the three companies in the Packaged Foods & Meats industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

ConAgra Foods ranks lowest with a projected earnings growth of 0.8%. General Mills is next with a projected earnings growth of 2.6%. Hershey ranks third lowest with a projected earnings growth of 3.0%.

McCormick & Co follows with a projected earnings growth of 3.1%, and B&G Foods rounds out the bottom five with a projected earnings growth of 5.4%.

SmarTrend recommended that subscribers consider buying shares of B&G Foods on April 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $39.13. Since that recommendation, shares of B&G Foods have risen 20.1%. We continue to monitor B&G Foods for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth conagra foods General Mills Hershey mccormick & co b&g foods

Ticker(s): CAG GIS HSY MKC BGS