Delta Air Lines and Conagra Brands are set to report earnings before tomorrow's open, with consensus estimates at $2.03 and 61c, respectively. TipRanks offers premium investing tools, advanced data, and expert analyst insights to help investors make informed decisions. Don't miss the TipRanks Half-Year Sale, offering 50% off on TipRanks Premium and Smart Investor Picks.
Delta Air Lines (DAL) and Conagra Brands (CAG) are poised to release their latest earnings reports before the market opens tomorrow. Investors are eagerly anticipating these announcements, as the financial health of these companies can significantly impact their stock prices.
Delta Air Lines is expected to report earnings per share (EPS) of $2.01, according to analysts. The company's previous quarter saw an EPS beat of $0.08, which resulted in a 11.09% drop in share price the next day. Analysts have a consensus rating of "Buy" for DAL, with an average one-year price target of $58.33, indicating a potential 15.46% upside [1].
Conagra Brands, on the other hand, is expected to report EPS of $0.61 per share. The company missed analysts' revenue expectations by 2% last quarter, reporting revenues of $2.84 billion, down 6.3% year over year. Analysts expect Conagra's revenue to decline 2.6% year over year to $2.83 billion. The company has missed Wall Street's revenue estimates six times over the last two years [2].
Investors can stay informed and make data-driven decisions using premium investing tools, advanced data, and expert analyst insights provided by TipRanks. Currently, the company is offering a 50% discount on their Premium subscription and Smart Investor Picks [3].
For the latest ratings and insights on Delta Air Lines, visit their earnings calendar. For Conagra Brands, stay updated on their earnings releases and analyst ratings.
References:
[1] https://www.nasdaq.com/articles/look-delta-air-liness-upcoming-earnings-report
[2] https://finance.yahoo.com/news/expect-conagra-cag-q2-earnings-030129067.html
[3] https://www.tipranks.com/news/3-strong-buy-stocks-with-20-upside-according-to-wall-street-analysts
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