Campbell Soup Raises FY24 Adj. EPS to $3.07-$3.10 vs $3.03 Est.
Portfolio Pulse from Benzinga Newsdesk
Campbell Soup Company has raised its fiscal year 2024 adjusted earnings per share (EPS) guidance to a range of $3.07 to $3.10, up from the previous estimate of $3.03.
June 05, 2024 | 11:17 am
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Campbell Soup Company has increased its FY24 adjusted EPS guidance to $3.07-$3.10, higher than the previous estimate of $3.03. This positive revision indicates stronger-than-expected financial performance.
The upward revision of the EPS guidance suggests that Campbell Soup Company is performing better than previously anticipated. This is likely to boost investor confidence and positively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100