Top Wall Street Forecasters Revamp Campbell Soup Expectations Ahead Of Earnings
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their expectations for Campbell Soup Company (NYSE:CPB) ahead of its third-quarter earnings release. Analysts predict earnings of 70 cents per share and revenue of $2.35 billion. The company recently announced strategic plans to revamp its supply chain. Analyst ratings have varied, with some upgrades and price target adjustments.
June 05, 2024 | 6:25 am
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Campbell Soup Company (NYSE:CPB) is expected to report Q3 earnings of 70 cents per share and revenue of $2.35 billion. The company has announced strategic plans to revamp its supply chain. Analysts have provided mixed ratings and price target adjustments.
The upcoming earnings report and recent strategic plans to revamp the supply chain are likely to have a positive impact on the stock in the short term. The mixed analyst ratings and price target adjustments indicate varied expectations, but the overall sentiment leans towards a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100