Campbell Soup Q4 Adj EPS $0.50, Inline, Sales $2.07B Beat $2.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Campbell Soup (NYSE:CPB) reported Q4 adjusted earnings of $0.50 per share, meeting analyst consensus. This is a 10.71% decrease from the same period last year. The company's quarterly sales of $2.07 billion beat the analyst consensus estimate of $2.06 billion by 0.49%, marking a 4.18% increase from last year.
August 31, 2023 | 11:16 am
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Campbell Soup's Q4 earnings met expectations but decreased 10.71% YoY. Sales beat estimates by 0.49% and increased 4.18% YoY.
Campbell Soup's earnings met analyst expectations, which is generally positive. However, the 10.71% YoY decrease in earnings could be a concern for investors. The company's sales beat estimates and showed a YoY increase, which is a positive sign and could offset concerns about the decrease in earnings.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100