Campbell Soup (CPB) reported $2.77 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 10.1%. EPS of $0.89 for the same period compares to $0.91 a year ago.The reported revenue represents a surprise of -0.76% over the Zacks Consensus Estimate of $2.79 billion. With the consensus EPS estimate being $0.87, the EPS surprise was +2.30%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Campbell Soup (CPB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.30%. A quarter ago, it was expected that this maker of canned soup, Pepperidge Farm cookies and V8 juice would post earnings of $0.62 per share when it actually produced earnings of $0.63, delivering a surprise of 1 ...

CAMPBELL'S REPORTS FIRST-QUARTER FISCAL 2025 RESULTS; REAFFIRMS FULL-YEAR FISCAL 2025 GUIDANCE AND INCREASES QUARTERLY DIVIDEND Board of Directors Elects Mick Beekhuizen President and Chief Executive Officer; Mark Clouse Announces Plans to Retire • Net Sales increased 10% to $2.8 billion and decreased 1% on an organic basis. • Earnings Before Interest and Taxes (EBIT) were $367 million. Adjusted EBIT increased 6% to $432 million including the impact of the Sovos Brands, Inc. (Sovos Brands) acquisition. • Ea ...

The Campbell's Company (CPB) is likely to register top-line growth when it reports first-quarter fiscal 2025 earnings on Dec. 4. The Zacks Consensus Estimate for revenues is pegged at $2.79 billion, implying a 10.9% increase from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in the past 30 days at 87 cents per share, though it indicates a 4.4% decline from the figure reported in the year-ago quarter. CPB has a trailing four-quarter earnings surprise of 4.3% ...

Wall Street analysts forecast that Campbell Soup (CPB) will report quarterly earnings of $0.87 per share in its upcoming release, pointing to a year-over-year decline of 4.4%. It is anticipated that revenues will amount to $2.79 billion, exhibiting an increase of 10.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial ...

Campbell Soup (CPB) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on December ...

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Piper Sandler analyst Michael S. Lavery upgraded Campbell Soup Company CPB to Overweight from Neutral, raising the price forecast from $47 to $56.The analyst upgraded Campbell Soup due to improved long-term growth prospects from its Rao’s brand and better sales trends in the U.S. (excluding SOVO brands).Despite better trends, the stock has had a 15% pullback since mid-September. The analyst sees this as a good buying opportunity.Lower steel costs (down 25%) and secured contracts for 2025 further support gro ...

Campbell Soup Company (CPB) has been optimizing its portfolio by divesting non-core businesses. It announced the divestiture of its noosa yogurt brand to Lakeview Farms. The noosa yogurt brand is an ideal fit for Lakeview Farms, which produces fresh dips, desserts and specialty products. Notably, noosa’s products fully complement Lakeview’s existing product offerings.The deal is anticipated to close in the first quarter of 2025, upon the satisfaction of regulatory approvals. Campbell, a leading food produce ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are th ...