Crude oil prices go up more than 1%, and Conagra Brands makes more money than expected.

Sep 30, 2026, 3:27 PM ETResultsRead the original at Benzinga

Good for CAG

Conagra's adjusted profit beat estimates by 13 cents per share, and sales were about $7 million above estimates. Faster-rising shipping costs and a 1.3% rise in oil add cost concerns, but the reported profit result supports a favorable reading.

CAG · Conagra Brands Inc

AI read · Good for CAG

The AI's read

The profit result gives Conagra its clearest sign of strength. Sales were only slightly above estimates, so they add limited support. An earlier report said shipping costs were rising faster than expected, and oil also rose. Those cost concerns matter, but the reported profit beat supports a favorable reading.

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