05.06.2024 13:25:07 - dpa-AFX: Campbell Soup Co. Q3 Profit Decreases, But Beats Estimates

CAMDEN (dpa-AFX) - Campbell Soup Co. (CPB) revealed earnings for third
quarter that decreased from the same period last year but beat the Street
estimates.

The company's bottom line came in at $133 million, or $0.44 per share. This
compares with $160 million, or $0.53 per share, in last year's third quarter.

Excluding items, Campbell Soup Co. reported adjusted earnings of $224 million or
$0.75 per share for the period.

Analysts on average had expected the company to earn $0.70 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 6.3% to $2.37 billion from $2.23
billion last year.

Campbell Soup Co. earnings at a glance (GAAP) :

-Earnings (Q3): $133 Mln. vs. $160 Mln. last year.
-EPS (Q3): $0.44 vs. $0.53 last year.
-Revenue (Q3): $2.37 Bln vs. $2.23 Bln last year.

-Guidance:
Full year EPS guidance: $3.07 to $3.10


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAMPBELL SOUP CO.DL-,0375 850561 Frankfurt 41,980 02.07.24 08:02:48 +0,050 +0,12% 0,000 0,000 41,980 41,930

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