Subtext

Conagra Brands, Inc. CAG

SectorConsumer Staples
Transcripts70
Date range2007-09-20 – 2025-04-03
Calls charted70

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-29-14+0+14+292008 Q12010 Q32012 Q42015 Q12017 Q22019 Q32021 Q42024 Q12008 Q1 · Overall: +5.12008 Q2 · Overall: +4.82008 Q3 · Overall: +9.62008 Q4 · Overall: +7.22009 Q1 · Overall: +0.22009 Q2 · Overall: +8.52009 Q4 · Overall: +18.92010 Q1 · Overall: +18.52010 Q2 · Overall: +12.12010 Q3 · Overall: +15.62010 Q4 · Overall: +13.42011 Q1 · Overall: +11.22011 Q2 · Overall: +7.62011 Q3 · Overall: +5.92011 Q4 · Overall: +10.42012 Q1 · Overall: +5.62012 Q2 · Overall: +12.12012 Q3 · Overall: +10.62012 Q4 · Overall: +11.02013 Q1 · Overall: +16.42013 Q2 · Overall: +16.92013 Q3 · Overall: +11.52013 Q4 · Overall: +16.42014 Q1 · Overall: +6.52014 Q2 · Overall: +8.32014 Q3 · Overall: +7.72014 Q4 · Overall: +11.92015 Q1 · Overall: +16.82015 Q2 · Overall: +13.02015 Q3 · Overall: +15.42015 Q4 · Overall: +3.92016 Q1 · Overall: +8.62016 Q2 · Overall: +11.72016 Q3 · Overall: +12.82016 Q4 · Overall: +13.62017 Q1 · Overall: +10.32017 Q2 · Overall: +10.62017 Q3 · Overall: +12.22017 Q4 · Overall: +12.82018 Q1 · Overall: +14.62018 Q2 · Overall: +15.42018 Q3 · Overall: +15.42018 Q4 · Overall: +15.72019 Q1 · Overall: +8.92019 Q2 · Overall: +3.92019 Q3 · Overall: +15.52019 Q4 · Overall: +7.12020 Q1 · Overall: +12.12020 Q2 · Overall: +19.92020 Q3 · Overall: +4.72020 Q4 · Overall: +12.42021 Q1 · Overall: +9.72021 Q2 · Overall: +14.22021 Q3 · Overall: +10.22021 Q4 · Overall: +12.92022 Q1 · Overall: +9.52022 Q2 · Overall: +5.52022 Q3 · Overall: +8.72022 Q4 · Overall: +14.42023 Q1 · Overall: +8.42023 Q2 · Overall: +12.22023 Q3 · Overall: +8.42023 Q4 · Overall: +6.82024 Q1 · Overall: +10.82024 Q2 · Overall: +6.32024 Q3 · Overall: +7.22024 Q4 · Overall: +25.12025 Q1 · Overall: +14.72025 Q2 · Overall: +15.62025 Q3 · Overall: +1.2
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-42-21+0+21+422008 Q12010 Q32012 Q42015 Q12017 Q22019 Q32021 Q42024 Q12008 Q1 · CEO: +9.92008 Q2 · CEO: +9.42008 Q3 · CEO: +18.72008 Q4 · CEO: +24.02009 Q1 · CEO: +5.62009 Q2 · CEO: +20.22009 Q4 · CEO: +30.72010 Q1 · CEO: +36.82010 Q2 · CEO: +28.92010 Q3 · CEO: +29.92010 Q4 · CEO: +22.92011 Q1 · CEO: +24.02011 Q2 · CEO: +18.42011 Q3 · CEO: +12.72011 Q4 · CEO: +22.62012 Q1 · CEO: +17.02012 Q2 · CEO: +23.82012 Q3 · CEO: +21.42012 Q4 · CEO: +27.22013 Q1 · CEO: +31.62013 Q2 · CEO: +31.62013 Q3 · CEO: +23.42013 Q4 · CEO: +32.32014 Q1 · CEO: +11.42014 Q2 · CEO: +20.52014 Q3 · CEO: +22.32014 Q4 · CEO: +18.52015 Q1 · CEO: +27.32015 Q2 · CEO: +27.92015 Q3 · CEO: +26.22015 Q4 · CEO: +12.52016 Q1 · CEO: +20.22016 Q2 · CEO: +16.82016 Q3 · CEO: +24.02016 Q4 · CEO: +24.92017 Q1 · CEO: +18.92017 Q2 · CEO: +21.92017 Q3 · CEO: +19.42017 Q4 · CEO: +21.02018 Q1 · CEO: +21.72018 Q2 · CEO: +21.02018 Q3 · CEO: +25.62018 Q4 · CEO: +30.12019 Q1 · CEO: +19.72019 Q2 · CEO: +13.22022 Q4 · CEO: +29.32023 Q1 · CEO: +11.02023 Q2 · CEO: +15.92023 Q3 · CEO: +15.52023 Q4 · CEO: +12.02024 Q1 · CEO: +11.32024 Q2 · CEO: +7.52024 Q3 · CEO: +8.82024 Q4 · CEO: +31.12025 Q1 · CEO: +25.02025 Q2 · CEO: +29.02025 Q3 · CEO: +4.22008 Q1 · CFO: +14.42008 Q2 · CFO: +7.12008 Q3 · CFO: +8.42008 Q4 · CFO: +3.72009 Q1 · CFO: +2.12009 Q2 · CFO: +12.12009 Q4 · CFO: +20.62010 Q1 · CFO: +6.92010 Q2 · CFO: +17.82010 Q3 · CFO: +18.12010 Q4 · CFO: +11.02011 Q1 · CFO: +11.82011 Q2 · CFO: +9.42011 Q3 · CFO: +5.22011 Q4 · CFO: +11.52012 Q1 · CFO: +6.52012 Q2 · CFO: +11.02012 Q3 · CFO: +20.52012 Q4 · CFO: +11.92013 Q1 · CFO: +17.52013 Q2 · CFO: +13.22013 Q3 · CFO: +9.92013 Q4 · CFO: +12.72014 Q1 · CFO: +7.72014 Q2 · CFO: +6.72014 Q3 · CFO: +4.72014 Q4 · CFO: +3.62015 Q1 · CFO: +11.72015 Q2 · CFO: +4.12015 Q3 · CFO: +0.42015 Q4 · CFO: +5.42016 Q1 · CFO: -7.82016 Q2 · CFO: +10.92016 Q3 · CFO: +3.52016 Q4 · CFO: +6.42017 Q1 · CFO: -3.62017 Q2 · CFO: +0.02017 Q3 · CFO: +12.32017 Q4 · CFO: +9.12018 Q1 · CFO: +10.92018 Q2 · CFO: +15.42018 Q3 · CFO: +9.02018 Q4 · CFO: +7.42019 Q1 · CFO: -0.82019 Q2 · CFO: -3.92022 Q4 · CFO: +8.82023 Q1 · CFO: +12.52023 Q2 · CFO: +12.12023 Q3 · CFO: +8.42023 Q4 · CFO: +11.52024 Q1 · CFO: +22.12024 Q2 · CFO: +7.42024 Q3 · CFO: +14.62024 Q4 · CFO: +20.52025 Q1 · CFO: -2.62025 Q2 · CFO: +2.32025 Q3 · CFO: +3.4
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-36-18+0+18+362008 Q12010 Q32012 Q42015 Q12017 Q22019 Q32021 Q42024 Q12008 Q1 · Prepared remarks: +15.02008 Q2 · Prepared remarks: +11.62008 Q3 · Prepared remarks: +18.92008 Q4 · Prepared remarks: +20.42009 Q1 · Prepared remarks: +3.42009 Q2 · Prepared remarks: +19.32009 Q4 · Prepared remarks: +26.92010 Q1 · Prepared remarks: +25.12010 Q2 · Prepared remarks: +25.52010 Q3 · Prepared remarks: +31.12010 Q4 · Prepared remarks: +20.42011 Q1 · Prepared remarks: +20.22011 Q2 · Prepared remarks: +20.42011 Q3 · Prepared remarks: +14.52011 Q4 · Prepared remarks: +21.02012 Q1 · Prepared remarks: +17.22012 Q2 · Prepared remarks: +22.62012 Q3 · Prepared remarks: +22.52012 Q4 · Prepared remarks: +19.22013 Q1 · Prepared remarks: +27.82013 Q2 · Prepared remarks: +30.32013 Q3 · Prepared remarks: +21.82013 Q4 · Prepared remarks: +23.32014 Q1 · Prepared remarks: +9.92014 Q2 · Prepared remarks: +16.12014 Q3 · Prepared remarks: +14.12014 Q4 · Prepared remarks: +13.42015 Q1 · Prepared remarks: +22.52015 Q2 · Prepared remarks: +22.82015 Q3 · Prepared remarks: +19.42015 Q4 · Prepared remarks: +12.82016 Q1 · Prepared remarks: +16.12016 Q2 · Prepared remarks: +20.62016 Q3 · Prepared remarks: +22.92016 Q4 · Prepared remarks: +18.52017 Q1 · Prepared remarks: +14.12017 Q2 · Prepared remarks: +13.92017 Q3 · Prepared remarks: +20.02017 Q4 · Prepared remarks: +17.92018 Q1 · Prepared remarks: +24.62018 Q2 · Prepared remarks: +26.22018 Q3 · Prepared remarks: +19.22018 Q4 · Prepared remarks: +24.72019 Q1 · Prepared remarks: +19.42019 Q2 · Prepared remarks: +8.92019 Q3 · Prepared remarks: +22.22019 Q4 · Prepared remarks: +13.42020 Q1 · Prepared remarks: +19.82020 Q2 · Prepared remarks: +30.52020 Q3 · Prepared remarks: +9.72020 Q4 · Prepared remarks: +20.02021 Q1 · Prepared remarks: +15.82021 Q2 · Prepared remarks: +26.22021 Q3 · Prepared remarks: +18.52021 Q4 · Prepared remarks: +20.12022 Q1 · Prepared remarks: +15.82022 Q2 · Prepared remarks: +13.52022 Q3 · Prepared remarks: +15.22022 Q4 · Prepared remarks: +17.12023 Q1 · Prepared remarks: +17.42023 Q2 · Prepared remarks: +25.92023 Q3 · Prepared remarks: +20.62023 Q4 · Prepared remarks: +18.52024 Q1 · Prepared remarks: +18.82024 Q2 · Prepared remarks: +14.32024 Q3 · Prepared remarks: -9.62024 Q4 · Prepared remarks: +26.02025 Q1 · Prepared remarks: +14.72025 Q2 · Prepared remarks: +15.62025 Q3 · Prepared remarks: +0.02008 Q1 · Q&A responses: +3.92008 Q2 · Q&A responses: +3.72008 Q3 · Q&A responses: +2.62008 Q4 · Q&A responses: +6.02009 Q1 · Q&A responses: +4.02009 Q2 · Q&A responses: +12.92009 Q4 · Q&A responses: +25.72010 Q1 · Q&A responses: +18.32010 Q2 · Q&A responses: +12.92010 Q3 · Q&A responses: +11.12010 Q4 · Q&A responses: +10.72011 Q1 · Q&A responses: +7.82011 Q2 · Q&A responses: +1.22011 Q3 · Q&A responses: +4.22011 Q4 · Q&A responses: +7.62012 Q1 · Q&A responses: -0.72012 Q2 · Q&A responses: +6.72012 Q3 · Q&A responses: +5.32012 Q4 · Q&A responses: +7.12013 Q1 · Q&A responses: +13.32013 Q2 · Q&A responses: +12.02013 Q3 · Q&A responses: +6.92013 Q4 · Q&A responses: +11.02014 Q1 · Q&A responses: +6.92014 Q2 · Q&A responses: +5.62014 Q3 · Q&A responses: +8.82014 Q4 · Q&A responses: +16.82015 Q1 · Q&A responses: +13.52015 Q2 · Q&A responses: +10.02015 Q3 · Q&A responses: +11.62015 Q4 · Q&A responses: +8.22016 Q1 · Q&A responses: +7.52016 Q2 · Q&A responses: +11.32016 Q3 · Q&A responses: +8.22016 Q4 · Q&A responses: +13.42017 Q1 · Q&A responses: +5.42017 Q2 · Q&A responses: +12.32017 Q3 · Q&A responses: +7.02017 Q4 · Q&A responses: +13.72018 Q1 · Q&A responses: +12.82018 Q2 · Q&A responses: +11.92018 Q3 · Q&A responses: +14.72018 Q4 · Q&A responses: +11.52019 Q1 · Q&A responses: +2.12019 Q2 · Q&A responses: +6.22019 Q3 · Q&A responses: +15.32019 Q4 · Q&A responses: +6.52020 Q1 · Q&A responses: +10.62020 Q2 · Q&A responses: +17.42020 Q3 · Q&A responses: +3.52020 Q4 · Q&A responses: +7.52021 Q1 · Q&A responses: +12.52021 Q2 · Q&A responses: +8.82021 Q3 · Q&A responses: +8.32021 Q4 · Q&A responses: +11.22022 Q1 · Q&A responses: +4.82022 Q2 · Q&A responses: +3.32022 Q3 · Q&A responses: +10.12022 Q4 · Q&A responses: +22.92023 Q1 · Q&A responses: +7.42023 Q2 · Q&A responses: +7.42023 Q3 · Q&A responses: +7.22023 Q4 · Q&A responses: +6.32024 Q1 · Q&A responses: +11.62024 Q2 · Q&A responses: +3.72024 Q3 · Q&A responses: +9.92025 Q3 · Q&A responses: +4.0
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.70$2.33$2.962008 Q12010 Q32012 Q42015 Q12017 Q22019 Q32021 Q42024 Q12014 Q1: $2.352014 Q2: $2.322014 Q3: $2.312014 Q4: $2.352015 Q1: $2.272015 Q2: $2.272015 Q3: $2.302015 Q4: $2.352016 Q1: $2.402016 Q2: $2.442016 Q3: $2.472016 Q4: $1.782017 Q1: $1.852017 Q2: $1.892017 Q3: $1.912017 Q4: $1.982018 Q1: $2.192018 Q2: $2.322018 Q3: $2.282018 Q4: $2.292019 Q1: $2.172019 Q2: $2.182019 Q3: $2.162019 Q4: $2.212020 Q1: $2.202020 Q2: $2.292020 Q3: $2.452020 Q4: $2.562021 Q1: $2.582021 Q2: $2.652021 Q3: $2.542021 Q4: $2.582022 Q1: $2.612022 Q2: $2.552022 Q3: $2.472022 Q4: $2.542023 Q1: $2.792023 Q2: $2.872023 Q3: $2.752023 Q4: $2.732024 Q1: $2.672024 Q2: $2.712024 Q3: $2.642024 Q4: $2.62

Forward P/E

9.4216.4123.392008 Q12010 Q32012 Q42015 Q12017 Q22019 Q32021 Q42024 Q12014 Q1: 12.612014 Q2: 13.122014 Q3: 13.842014 Q4: 15.782015 Q1: 15.252015 Q2: 17.062015 Q3: 18.442015 Q4: 17.402016 Q1: 18.312016 Q2: 19.072016 Q3: 17.722016 Q4: 21.142017 Q1: 22.432017 Q2: 20.602017 Q3: 18.182017 Q4: 18.832018 Q1: 17.112018 Q2: 16.342018 Q3: 16.212018 Q4: 12.702019 Q1: 10.632019 Q2: 13.432019 Q3: 13.642019 Q4: 13.162020 Q1: 12.392020 Q2: 14.952020 Q3: 14.222020 Q4: 13.922021 Q1: 14.332021 Q2: 13.972021 Q3: 13.152021 Q4: 12.792022 Q1: 12.162022 Q2: 12.542022 Q3: 13.502022 Q4: 15.132023 Q1: 12.802023 Q2: 12.172023 Q3: 10.382023 Q4: 11.162024 Q1: 10.602024 Q2: 10.582024 Q3: 12.402024 Q4: 10.45

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q1 tone ↑ +4.9 fwd EPS ↓ -0.09 Tone rose while the forward EPS estimate was cut.
  • 2015 Q4 tone ↓ -11.5 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -3.3 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↓ -8.4 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q3 tone ↓ -15.2 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q1 tone ↓ -2.7 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -3.4 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↑ +3.2 fwd EPS ↓ -0.08 Tone rose while the forward EPS estimate was cut.
  • 2023 Q1 tone ↓ -6.0 fwd EPS ↑ +0.24 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↑ +3.9 fwd EPS ↓ -0.05 Tone rose while the forward EPS estimate was cut.
  • 2024 Q2 tone ↓ -4.4 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q32025-04-03+1.2——View →
2025 Q22024-12-19+15.6——View →
2025 Q12024-10-02+14.7——View →
2024 Q42024-07-11+25.1$2.6210.4View →
2024 Q32024-04-04+7.2$2.6412.4View →
2024 Q22024-01-04+6.3$2.7110.6View →
2024 Q12023-10-05+10.8$2.6710.6View →
2023 Q42023-07-13+6.8$2.7311.2View →