ConAgra Foods Earnings Preview (CAG)

ConAgara Foods (NYSE:CAG) is scheduled to report quarterly earnings on Thursday.Analysts are expecting EPS of $0.49 and revenues of $3.35 billion.ConAgra Foods (NYSE:CAG) has potential upside of 4.7% based on a current price of $26.31 and an average consensus analyst price target of $27.56.ConAgra Foods is currently above its 200-day moving average (MA) of $25.39 and should find resistance at its 50-day MA of $26.63.In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has remained constant.