Conagra Brands (CAG) to Announce Earnings on Wednesday

Key Points

• Conagra Brands is scheduled to report fiscal Q1 2027 results before the market opens on September 30, with analysts expecting $0.2817 in earnings per share and $2.5894 billion in revenue. Full-year EPS guidance is $1.40–$1.50.
• In its latest quarter, Conagra earned $0.47 per share, slightly exceeding estimates, while revenue reached $2.88 billion and increased 3.6% year over year.
• The stock opened at $14.78, near its 200-day average, while analysts hold a consensus “Reduce” rating and a $14.10 price target. The company’s quarterly dividend is $0.175 per share, representing a 4.7% annualized yield.

Conagra Brands (NYSE:CAG - Get Free Report) is expected to issue its Q1 2027 Prepared Remarks results before the market opens on Wednesday, September 30th. Analysts expect Conagra Brands to post earnings of $0.2817 per share and revenue of $2.5894 billion for the quarter. Conagra Brands has set its FY 2027 guidance at 1.400-1.500 EPS. Individuals may visit the the company's upcoming Q1 2027 Prepared Remarks earning report for the latest details on the call scheduled for Wednesday, September 30, 2026 at 7:00 AM ET.

Conagra Brands (NYSE:CAG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. The business had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.89 billion. Conagra Brands had a positive return on equity of 10.44% and a negative net margin of 16.99%.The business's revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.56 earnings per share. On average, analysts expect Conagra Brands to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Conagra Brands Stock Down 0.5%

CAG opened at $14.78 on Wednesday. The company's 50-day moving average price is $15.27 and its two-hundred day moving average price is $14.75. Conagra Brands has a twelve month low of $12.53 and a twelve month high of $20.32. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of -3.70 and a beta of -0.01. The company has a quick ratio of 0.31, a current ratio of 0.90 and a debt-to-equity ratio of 1.02.

Conagra Brands Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Thursday, July 30th were paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Thursday, July 30th. Conagra Brands's payout ratio is currently -17.50%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Royal Bank Of Canada dropped their price target on shares of Conagra Brands from $16.00 to $14.00 and set a "sector perform" rating on the stock in a research note on Thursday, July 16th. Sanford C. Bernstein restated an "underperform" rating and issued a $12.00 price objective (down from $16.00) on shares of Conagra Brands in a research report on Wednesday, June 3rd. Jefferies Financial Group lowered their price target on Conagra Brands from $15.00 to $13.00 and set a "hold" rating on the stock in a research report on Wednesday, May 27th. Evercore set a $12.50 target price on Conagra Brands in a research note on Monday, September 14th. Finally, Barclays lifted their price target on shares of Conagra Brands from $16.00 to $17.00 and gave the stock an "overweight" rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, Conagra Brands currently has a consensus rating of "Reduce" and a consensus price target of $14.10.

Conagra Brands Company Profile

Conagra Brands, Inc is a packaged food company that develops, manufactures and markets branded and private-label food products primarily in North America. Its portfolio spans frozen meals and sides, snacks, shelf-stable foods, condiments, refrigerated foods and cooking products, serving retail grocery, foodservice and other distribution channels.

Its well-known brands include Birds Eye, Healthy Choice, Banquet, Marie Callender's, Duncan Hines, Reddi-wip, Slim Jim, Vlasic, Hunt's and PAM.

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