Conagra Brands (NYSE:CAG) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Posted by Francis Steltz on Jul 15th, 2026

Conagra Brands (NYSE:CAG – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01, Briefing.com reports. Conagra Brands had a negative net margin of 0.39% and a positive return on equity of 10.15%. During the same period in the prior year, the business earned $0.56 EPS. The business’s quarterly revenue was up 3.6% on a year-over-year basis. Conagra Brands updated its FY 2027 guidance to 1.400-1.500 EPS.

Here are the key takeaways from Conagra Brands’ conference call:

Management outlined a more aggressive turnaround plan under new CEO John Brase, emphasizing “radical simplicity,” stronger brand and supply-chain investment, portfolio simplification, and better capital allocation to drive long-term value.
Fiscal 2026 results came in within guidance, with full-year organic net sales down 0.4%, adjusted operating margin at 11.3%, and adjusted EPS of $1.72. Fourth-quarter organic sales were flat, though margins and EPS were down year over year.
Fiscal 2027 guidance implies pressure on growth and earnings, including organic net sales down 1%-3%, adjusted operating margin of 10%-10.5%, and adjusted EPS of $1.40-$1.50. Management also expects mid-single-digit volume declines, especially in frozen, as pricing actions flow through.
Conagra plans to increase advertising and supply-chain investment, with A&P rising to about 3% of net sales, up 14% year over year, and capital spending increasing to about $550 million. The company said these investments should support key growth brands, service reliability, and modernization.
The company cut its dividend by 50% to an annualized $0.70 per share, freeing about $335 million of annual cash for debt reduction, brand investment, and supply-chain initiatives. Management said the move improves flexibility and accelerates progress toward its leverage target.

Conagra Brands Price Performance

NYSE:CAG opened at $14.17 on Wednesday. The company has a 50-day moving average of $13.60 and a 200-day moving average of $15.76. The company has a market capitalization of $6.78 billion, a price-to-earnings ratio of -141.72 and a beta of -0.02. Conagra Brands has a 52 week low of $12.53 and a 52 week high of $20.32. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.30 and a current ratio of 0.90.

Institutional Trading of Conagra Brands

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAG. CYBER HORNET ETFs LLC acquired a new stake in Conagra Brands during the second quarter valued at approximately $26,000. MUFG Securities EMEA plc bought a new position in shares of Conagra Brands during the 2nd quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in Conagra Brands in the 3rd quarter valued at $33,000. Lavaca Capital LLC boosted its stake in Conagra Brands by 111.4% in the 4th quarter. Lavaca Capital LLC now owns 2,019 shares of the company’s stock valued at $35,000 after buying an additional 1,064 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in Conagra Brands in the fourth quarter valued at $41,000. Institutional investors own 83.75% of the company’s stock.

Conagra Brands News Roundup

Here are the key news stories impacting Conagra Brands this week:

Negative Sentiment: Conagra reported fiscal fourth-quarter and full-year results, but the market is focused on softer profitability, which is weighing on the stock. CONAGRA BRANDS REPORTS FOURTH QUARTER AND FULL YEAR RESULTS
Negative Sentiment: The company swung to a loss in Q4 and reduced its dividend, signaling that management is prioritizing balance-sheet and spending discipline over shareholder returns. Conagra Swings to Loss, Cuts Dividend Under New CEO
Negative Sentiment: FY2027 EPS guidance of 1.40-1.50 came in below consensus, reinforcing concerns that earnings growth may remain limited amid higher commodity, protein, and tariff-related costs. Conagra Brands Q4 Earnings on the Horizon: Key Factors to Note
Negative Sentiment: Broader commentary ahead of the release had already highlighted margin pressure and dividend-risk concerns across food stocks, adding to sentiment headwinds for CAG. Conagra and 6 More Food Stock Dividends That Are at Risk
Neutral Sentiment: Conagra also announced its regular quarterly dividend of $0.175 per share, which helps show the company is still returning cash to shareholders despite the cut. Conagra Brands Announces Quarterly Dividend Payment of $0.175 Per Share

Wall Street Analysts Forecast Growth

CAG has been the subject of a number of research reports. Stifel Nicolaus reduced their price target on shares of Conagra Brands from $17.00 to $15.00 and set a “hold” rating for the company in a report on Tuesday, April 21st. Sanford C. Bernstein reaffirmed an “underperform” rating and set a $12.00 price objective (down from $16.00) on shares of Conagra Brands in a research report on Wednesday, June 3rd. TD Cowen reduced their target price on shares of Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a research note on Wednesday, March 25th. JPMorgan Chase & Co. decreased their target price on Conagra Brands from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Finally, Weiss Ratings lowered Conagra Brands from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $14.00.

View Our Latest Stock Report on Conagra Brands

Conagra Brands Company Profile

(Get Free Report)

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.