For the quarter ended April 2024, Campbell Soup (CPB) reported revenue of $2.37 billion, up 6.3% over the same period last year. EPS came in at $0.75, compared to $0.68 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.34 billion, representing a surprise of +1.23%. The company delivered an EPS surprise of +7.14%, with the consensus EPS estimate being $0.70. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

Campbell Soup (CPB) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this maker of canned soup, Pepperidge Farm cookies and V8 juice would post earnings of $0.77 per share when it actually produced earnings of $0.80, delivering a surprise of ...

Rebecca Gardy SVP & Chief Investor Relations Officer Introduction Safe Harbor Regarding Forward-Looking Statements Industry and Market Data 2. Division Highlights 6. Q&A Q3 FY24 Key Messages • Remain on track for fiscal 24 Snacks operating margin of 15% Net Sales 7 Net Sales *See Non-GAAP reconciliation 1 Pro forma combined basis presented to reflect results as if the Sovos Brands acquisition had occurred at the beginning of Q3 FY23. Q3 FY23 Q3 FY24 120.0 Gampbells Forward-looking statements Non-GAAP Financ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended April 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to __________________ Commission File Number: 1-3822 CAMPBELL SOUP COMPANY (Exact name of registrant as specified in its charter) New Jersey 2 ...

CAMPBELL REPORTS THIRD-QUARTER FISCAL 2024 RESULTS CAMDEN, N.J., Jun. 5, 2024—Campbell Soup Company (NYSE:CPB) today reported results for its third- quarter fiscal 2024 ended April 28, 2024. Unless otherwise stated, all comparisons are to the same period of fiscal 2023. Third quarter and year-to-date financial results include a partial quarter of contribution of the Sovos Brands acquisition. Note: A detailed reconciliation of the reported (GAAP) financial information to the adjusted financial information is ...

Campbell Soup Company (CPB) is likely to register top-and-bottom-line growth when it reports third-quarter fiscal 2024 earnings on Jun 5. The Zacks Consensus Estimate for revenues is pegged at $2.34 billion, which suggests an increase of about 5% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has decreased by 1 cent in the past 30 days to 70 cents per share. However, this indicates growth of 2.9% from the year-ago quarter's reported figure. CPB has a trailing four- ...

Campbell Soup (CPB) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on June 5, 2024, might help the stock move higher if these key numbers are better than exp ...

Campbell Soup (NYSE:CPB) layoffs are a hot topic on Tuesday as the canned soup company announces plans to cut jobs as part of a reorganization. Campbell Soup says that it's restructuring its business to be more efficient. As a result, the company will be closing down an inefficient factory and moving operations. It says this will affect the jobs of 415 employees. Starting that off is the closure of the Tualatin, Ore., that it acquired in 2017. The company notes that this will impact its 330 workers. The fir ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Campbell Soup (CPB) . This company, which is in the Zacks Food - Miscellaneous industry, shows potential for another earnings beat. This maker of canned soup, Pepperidge Farm cookies and V8 juice has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...