Compared to Estimates, Campbell (CPB) Q4 Earnings: A Look at Key Metrics

Core Insights - Campbell Soup (CPB) reported revenue of $2.29 billion for the quarter ended July 2024, marking a year-over-year increase of 10.9% and an EPS of $0.63 compared to $0.50 a year ago [1] Revenue Performance - Net Sales in Meals & Beverages reached $1.20 billion, exceeding the average estimate of $1.18 billion by four analysts, representing a year-over-year change of +28.2% [3] - Net Sales in Snacks totaled $1.09 billion, falling short of the $1.12 billion average estimate based on four analysts, indicating a year-over-year decline of -3.5% [4] Earnings Analysis - Operating Earnings for Meals & Beverages were reported at $211 million, surpassing the average estimate of $194.97 million by four analysts [5] - Operating Earnings for Snacks were $159 million, below the average estimate of $171.24 million based on four analysts [6] - Operating Earnings for Corporate were reported at -$272 million, significantly worse than the average estimate of -$48.30 million based on two analysts [7] Stock Performance - Shares of Campbell have returned +7.1% over the past month, outperforming the Zacks S&P 500 composite's +2.6% change [7]