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Lowest Projected Earnings Growth in the Packaged Foods & Meats Industry Detected in Shares of B&G Foods Inc (BGS, GIS, LANC, CPB, PPC)

By Nick Russo

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.

B&G Foods Inc ranks lowest with a projected earnings growth of 0.4%. General Mills In is next with a projected earnings growth of 2.3%. Lancaster Colony ranks third lowest with a projected earnings growth of 2.5%.

Campbell Soup Co follows with a projected earnings growth of 3.1%, and Pilgrim'S Pride rounds out the bottom five with a projected earnings growth of 5.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Pilgrim'S Pride on December 14th, 2017 by issuing a Downtrend alert when the shares were trading at $33.42. Since that call, shares of Pilgrim'S Pride have fallen 28.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth b&g foods inc general mills in lancaster colony campbell soup co pilgrim's pride

Ticker(s): BGS GIS LANC CPB PPC