Commentary and guidance offered by the company boils down to this. Conagra's push to streamline its portfolio has put it in a good position to benefit from pantry-loading. The global coronavirus pandemic is spurring a shift in consumer habits that are boosting demand. Although the 3rd quarter was weak, business trends for the 4th quarter point to revenue and EPS coming in well above expectations. The outlook is so good, in fact, Conagra execs expect to exceed its own full-year guidance.