Campbell Soup's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Campbell Soup (NYSE:CPB) is scheduled to release its quarterly earnings report on Wednesday, 2023-12-06, with analysts expecting an EPS of $0.88. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, CPB's stock price has shown sensitivity to earnings performance and guidance. Last quarter, CPB met the EPS estimate, resulting in a 1.94% drop in share price. Over the past year, CPB shares have declined by 26.49%.
December 05, 2023 | 2:00 pm
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Campbell Soup is expected to report an EPS of $0.88 in its upcoming earnings. Historical data shows that CPB's stock price is sensitive to earnings outcomes and guidance, with a 26.49% decline over the past year.
The expected EPS of $0.88 sets a benchmark for investors. Given CPB's history, the stock may react to any deviation from the expected earnings or guidance. However, the exact direction is uncertain without knowing if they will beat, meet, or miss expectations.
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