ConAgra reaffirms '08 guidance

by Eric Schroeder
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OMAHA — ConAgra Foods, Inc. today reaffirmed that earnings per share is expected to grow 8% to 10% in the near and long term, with 2008 e.p.s. expected in the range of $1.80 to $1.85. This compared with the $1.80 per share average estimate of analysts polled by Thomson Financial.

Looking ahead to 2009, ConAgra predicted e.p.s. of at least $1.55.

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