Conagra Brands, Inc.

New York Stock Exchange
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Slightly Bearish -20

Earnings Preview: Conagra Brands (CAG) Q1 Earnings Expected to Decline

Earnings report AI-generated analysis

📉 Conagra Brands is expected to report quarterly earnings of $0.31 per share, marking a significant year-over-year decline of -20.5%.

💰 Revenue forecasts stand at $2.59 billion for the quarter ended August 2026, reflecting a slight contraction of 1.4% compared to the year-ago period.

📊 The Zacks Consensus EPS estimate has been revised down by 1.47% over the last 30 days as analysts reassess their initial predictions.

🔍 The company exhibits a positive Earnings ESP of +3.22%, indicating that the Most Accurate Estimate is currently higher than the Zacks Consensus Estimate.

⚠️ Conagra Brands carries a Zacks Rank of #4 (Sell), which historically makes it difficult to predict an earnings beat with high confidence.

📈 The stock has beaten consensus EPS estimates three times over the last four quarters, including a +2.17% surprise in the most recent quarter.

Bullish Signals
  • The company's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +3.22%.
  • Conagra Brands has beaten consensus EPS estimates three times out of the last four quarters reported.
Risk Factors
  • Analysts have collectively revised their consensus EPS estimate lower by 1.47% over the last 30 days.
  • The company is expected to post quarterly earnings of $0.31 per share, representing a sharp year-over-year decline of -20.5%.
Full Analysis
The market anticipates Conagra Brands (CAG) will report a year-over-year decline in earnings and revenue for the quarter ended August 2026, with results expected on September 30. Analysts project quarterly earnings of $0.31 per share, representing a -20.5% decrease from the prior year, while revenues are forecast at $2.59 billion, down 1.4%. Recent analyst activity shows a divergence in sentiment regarding the company's immediate prospects. The Zacks Consensus Estimate has been revised lower by 1.47% over the last 30 days, yet the Most Accurate Estimate remains higher than the consensus, resulting in a positive Earnings ESP of +3.22%. This suggests some analysts have recently become more bullish on earnings prospects despite the overall downward revision trend. Despite the positive Earnings ESP, Conagra Brands currently holds a Zacks Rank of #4 (Sell), which complicates predictions regarding an upcoming earnings beat. Historical data indicates the company has beaten consensus estimates three times in the last four quarters, with a recent surprise of +2.17%. However, the combination of a Sell rating and negative ESP makes it difficult to predict a definitive positive outcome for this specific earnings release.