Conagra Brands, Inc. · CAG · Next earnings

Conagra Brands, Inc. reports Wednesday, Sep 30, 2026

CAG reports before market open with consensus EPS at $0.28 and revenue at $2.59B. Last quarter: Conagra Cuts Dividend to Accelerate Deleveraging, Steps Up Brand and Supply-Chain Investment

Reports Before market open10 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.28 Calendar consensus
Consensus revenue $2.59B Calendar consensus
Report date Sep 30, 2026 Wednesday, date estimated
Session Before market open 10 days away

Where CAG left off: FY2026 Q4

Full report

Conagra Cuts Dividend to Accelerate Deleveraging, Steps Up Brand and Supply-Chain Investment

EPS surprise +2.2% Reported $0.47 vs $0.46
Revenue surprise -0.2% Reported $2.88B vs $2.89B
Stock move -0.4% Event window
Subsequent drift +3.0% Up to 20 sessions

Maintained. Management reaffirmed its outlook, citing strong free cash flow conversion and reiterating productivity savings above 4% as a margin stabilizer. No formal upgrade or downgrade was issued. The dividend cut is a capital-allocation shift, not a guidance change.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Potential inflationary pressure affecting pricing and cost structure
  • Volume decline expectations (mid-single-digit) could pressure top-line growth
  • Execution risk around portfolio reshaping and supply-chain investment effectiveness

Questions analysts left open

  • Balance sheet constraints limiting investment capacity
  • Reconciling margin improvement with reinvestment needs in the frozen business
  • Key variables to watch: price elasticity, productivity savings, and the inflation versus productivity gap

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Recent CAG quarters

All CAG earnings
-0.4%FY2026 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q4

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.