date:Jun 19, 2014
ConAgra Foods, Inc. issued a warning that its earnings for the fourth quarter, ended May 25, are going to come in below expectations. Full details of the companys performance will not be announced until June 26. The company said non-cash impairment charges hurt earnings, but even after adjusting for items impacting comparability, ConAgra expects its earnings per share (e.p.s.) for the quarter to be 55c. The companys previous guidance for the quarter was 60c per share.
ConAgra Foods estimated th