HomeLifestyleRetailThe Cost of Inflation & Conagra (CAG)
The Cost of Inflation & Conagra (CAG)

Conagra Brands (CAG) is todays under 30-stock. In this segment Jenny Horne and Alex Coffey discuss the food production company with Jeff Pierce ahead of (CAG)’s quarterly report. Jeff and Jenny talk about inflation concerns and food pricing issues being felt by consumers and how that might affect this latest report. Alex and Jeff discuss Conagra’s scalability in the face of inflation and what (CAG) says they are doing to meet demands while handling inflation. Jeff discusses analysts estimates that Conagra Brands (CAG) will report an earnings per share (EPS) of $0.58 (-1.7% Y/Y) and the consensus Revenue Estimate is $2.84B (+2.5% Y/Y. Jeff also points out that over the last 2 years, (CAG) has beaten EPS estimates 75% of the time and beats revenue estimates 88% of the time.

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