Filing Flows › Conagra Brands (CAG) › Guidance history
Conagra Brands (CAG) guidance history: what it guided and what it reported
Conagra Brands gave guidance in 12 earnings releases on file since Apr 4, 2024. Its releases raised guidance twice and lowered it 0 times.
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | 10.0%–10.5% (Jul 15, 2026) → reaffirmed 10.0%–10.5% (Sep 30, 2026) | — | to be reported | — |
| FY26 | 11.0% (Jul 10, 2025) → reaffirmed 11.0% (Oct 1, 2025) → reaffirmed 11.0% (Dec 19, 2025) → reaffirmed 11.0% (Apr 1, 2026) | — | — | — |
| FY25 | 15.6%–15.8% (Jul 11, 2024) → reaffirmed 15.6%–15.8% (Oct 2, 2024) → lowered 14.8% (Dec 19, 2024) → lowered 14.4% (Apr 3, 2025) | — | — | — |
| FY24 | 15.8% (Apr 4, 2024) | — | — | — |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | 24.0% (Jul 15, 2026) | — | to be reported | — |
| FY26 | 23.0% (Jul 10, 2025) → raised 24.0% (Oct 1, 2025) | — | — | — |
| FY25 | 23.5% (Jul 11, 2024) → lowered 23.0% (Dec 19, 2024) | — | — | — |
| FY24 | 24.0% (Apr 4, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $550M (Jul 15, 2026) | — | to be reported | — |
| FY26 | $450M (Jul 10, 2025) | $423M (GAAP) | not judged | — |
| FY25 | $500M (Jul 11, 2024) → lowered $450M (Oct 2, 2024) → reaffirmed $450M (Dec 19, 2024) → lowered $410M (Apr 3, 2025) | $389M (GAAP) | not judged | — |
| FY24 | $425M (Apr 4, 2024) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $360M (Jul 15, 2026) | — | to be reported | — |
| Q4 FY27 | $2.0M (Jul 15, 2026) | — | to be reported | — |
| FY26 | $400M (Jul 10, 2025) → lowered $390M (Oct 1, 2025) → lowered $385M (Apr 1, 2026) | — | — | — |
| Q4 FY26 | $3.0M (Jul 10, 2025) | — | — | — |
| FY25 | $415M (Jul 11, 2024) | — | — | — |
| Q4 FY25 | $3.0M (Jul 11, 2024) | — | — | — |
| FY24 | $435M (Apr 4, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $1.40–$1.50 (Jul 15, 2026) → reaffirmed $1.40–$1.50 (Sep 30, 2026) | — | to be reported | — |
| FY26 | $1.70–$1.85 (Jul 10, 2025) → reaffirmed $1.70–$1.85 (Oct 1, 2025) → reaffirmed $1.70–$1.85 (Dec 19, 2025) → lowered $1.70 (Apr 1, 2026) | — | — | — |
| FY25 | $2.60–$2.65 (Jul 11, 2024) → reaffirmed $2.60–$2.65 (Oct 2, 2024) → lowered $2.45–$2.50 (Dec 19, 2024) → lowered $2.35 (Apr 3, 2025) | — | — | — |
| FY24 | $2.60–$2.65 (Apr 4, 2024) | — | — | — |
The latest quarter
Conagra Brands, Q1 FY27: revenue $2.6B (-1% year over year), operating margin 10.3%, net earnings $174M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
Questions
Does Conagra Brands beat its guidance?
Conagra Brands gave guidance in 12 earnings releases on file since Apr 4, 2024. Its releases raised guidance twice and lowered it 0 times.
How often does Conagra Brands raise guidance?
Its earnings releases raised guidance twice and lowered it 0 times since Apr 4, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.