Unlocking Q1 Potential of Campbell (CPB): Exploring Wall Street Estimates for Key Metrics

Core Insights - Campbell's is expected to report quarterly earnings of $0.73 per share, reflecting an 18% decline year-over-year, with revenues projected at $2.66 billion, a decrease of 4.1% compared to the previous year [1] Group 1: Earnings Estimates - The consensus EPS estimate for the quarter has been adjusted downward by 0.5% over the past 30 days, indicating a reassessment by analysts [1][2] - Analysts predict 'Net Sales- Meals & Beverages' to be $1.63 billion, showing a year-over-year decline of 4.2% [3] - 'Net Sales- Snacks' is estimated at $1.03 billion, reflecting a year-over-year change of -3.7% [4] Group 2: Operating Earnings - 'Operating Earnings- Meals & Beverages' is projected to reach $291.75 million, down from $337.00 million reported in the same quarter last year [4] - Analysts estimate 'Operating Earnings- Snacks' at $136.65 million, compared to $142.00 million in the same quarter last year [5] Group 3: Stock Performance - Over the past month, shares of Campbell have returned -0.9%, while the Zacks S&P 500 composite has seen a +0.1% change [5] - Campbell currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [5]