Campbell Soup Sees FY24 Adj. EBIT Growth 6.5%-7%
Portfolio Pulse from Benzinga Newsdesk
Campbell Soup Company (CPB) has projected a 6.5%-7% growth in adjusted EBIT for the fiscal year 2024.
June 05, 2024 | 11:17 am
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Campbell Soup Company (CPB) has projected a 6.5%-7% growth in adjusted EBIT for the fiscal year 2024, indicating positive financial performance expectations.
The projected growth in adjusted EBIT suggests that Campbell Soup Company is expecting improved financial performance in FY24. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100