06.03.2024 13:20:10 - dpa-AFX: Campbell Soup Co. Q2 Profit Decreases, but beats estimates

CAMDEN (dpa-AFX) - Campbell Soup Co. (CPB) reported a profit for second
quarter that decreased from last year but beat the Street estimates.

The company's earnings came in at $203 million, or $0.68 per share. This
compares with $232 million, or $0.77 per share, in last year's second quarter.

Excluding items, Campbell Soup Co. reported adjusted earnings of $240 million or
$0.80 per share for the period.

Analysts on average had expected the company to earn $0.77 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 1.2% to $2.46 billion from $2.49
billion last year.

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

-Earnings (Q2): $203 Mln. vs. $232 Mln. last year.
-EPS (Q2): $0.68 vs. $0.77 last year.
-Revenue (Q2): $2.46 Bln vs. $2.49 Bln last year.

-Guidance:
Full year EPS guidance: $3.09 to $3.15


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Campbell Soup Company 850561 NYSE 44,035 06.06.24 19:46:29 -0,065 -0,15% 44,030 44,040 44,020 44,100

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH