Campbell Sees FY24 Net Sales To Be Down 0.5% - Up 1.5%; Adj EPS Of $3.09 - $3.15 Vs. $3.09 Est.
Portfolio Pulse from Benzinga Newsdesk
Campbell Soup Company (CPB) has projected its net sales for FY24 to be down 0.5% to up 1.5%. The company also estimates its adjusted EPS to be between $3.09 and $3.15, compared to the estimated $3.09.
August 31, 2023 | 11:19 am
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Campbell's FY24 net sales are expected to be down 0.5% to up 1.5%. The adjusted EPS is projected to be $3.09 - $3.15, matching the estimated $3.09.
Campbell's projected net sales and adjusted EPS for FY24 are in line with estimates. This suggests that the company's performance is as expected, which is unlikely to cause significant movement in the stock price in the short term.
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