Campbell Soup Q4 2024 Adj. EPS $0.63 Beats $0.62 Estimate, Sales $2.293B Miss $2.313B Estimate
Portfolio Pulse from Benzinga Newsdesk
Campbell Soup's Q4 2024 earnings per share of $0.63 slightly beat expectations, but sales of $2.293 billion fell short of estimates. Despite the sales miss, revenue increased by 10.88% compared to the previous year.
August 29, 2024 | 11:15 am
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Campbell Soup's Q4 2024 earnings per share exceeded expectations, but sales fell short. Despite the sales miss, revenue grew by 10.88% year-over-year.
The earnings per share beat suggests operational efficiency or cost management, which is positive. However, the sales miss indicates potential challenges in market demand or competition. The year-over-year revenue growth is a positive sign, but the mixed results may lead to a neutral short-term stock price impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100