From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 1m
Conagra Beats Q1 2027 EPS
Conagra Brands beats Q1 2027 EPS estimates with sales drop.
In brief
Conagra Brands beats Q1 2027 EPS estimates with sales drop. Conagra Brands reported adjusted earnings of $0.41 per share, beating Q1 2027 EPS estimates despite a 1.4% sales decline. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Earnings Beat
Conagra Brands, Inc. reported adjusted earnings of $0.41 per share, beating analysts' estimates for Q1 2027.
Revenue Decline
The company's revenue dropped 1.4% from $2.63B in Q1 2026, with organic net sales falling 1.1%.
Grocery & Snacks Segment
The Grocery & Snacks segment generated $1.05B in revenue but declined 2.6% year-over-year.
FY 2027 Guidance
Management projected FY 2027 adjusted EPS in the $1.40 to $1.50 range, with $1.45 as the midpoint.
Market Sentiment
Wall Street analysts recommended 1 buy, 14 holds, and 8 sells, indicating cautious sentiment toward Conagra.
What to Watch
Conagra must stabilize organic net sales and demonstrate pricing power without sacrificing volume in Q2.
Here's the gist
Conagra Brands reported adjusted earnings of $0.41 per share, beating Q1 2027 EPS estimates despite a 1.4% sales decline.
