ConAgra Foods Reports F2Q11 Diluted EPS of $0.45

ConAgra Foods, Inc., CAG  today reported results for the fiscal 2011 second quarter ended November 28, 2010. Diluted EPS from continuing operations was $0.45 as reported and on a comparable basis.

For the same period a year ago, diluted EPS from continuing operations as reported was $0.53, which included $0.02 of net benefit from items impacting comparability. Items impacting comparability in the current year and prior year are summarized toward the end of this release.