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The Campbell's Company (NASDAQ:CPB ) Q1 2025 Earnings Conference Call December 4, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief IR Officer Mark Clouse - CEO Carrie Anderson - CFO Conference Call Participants Ken Goldman - JPMorgan Andrew Lazar - Barclays Peter Galbo - Bank of America Robert Moskow - TD Cowen Jim Salera - Stephens Operator Good morning and welcome to the Campbell's Company Q1 Fiscal 2025 Earnings Conference Call. All participants are in a listen-only mode.
CPB's Q1 results reflect a dynamic consumer landscape and an irregular pace of category recovery. While sales increase, earnings and organic sales fall.
Campbell's (CPB) shares are falling more than 3% in premarket trading after the snack and soup maker said Chief Executive Officer (CEO) Mark Clouse will be leaving at the end of January, while also reporting top-and-bottom line results that missed estimates.
Campbell's Co. on Tuesday said its current chief executive would depart to take on a leadership role for the Washington Commanders NFL team, and the soup and snack maker reported mixed first-quarter results and held to its full-year outlook as it steers through a “dynamic” consumer landscape.
The headline numbers for Campbell (CPB) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Campbell Soup (CPB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.91 per share a year ago.
CPB's Q1 results are likely to reflect growth in the Meals & Beverages unit, while a tough consumer landscape and hurdles in the Snacks unit raise concerns.
Beyond analysts' top -and-bottom-line estimates for Campbell (CPB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2024.
Campbell (CPB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Campbell (CPB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.