The Campbell's Company (CPB)
Campbell's Stock Falls as CEO Clouse Plans NFL Move; Results Underwhelm
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 is getting a new CEO. Analysts say he could face these ‘uncertainties' as Trump takes office.
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.
Here's What Key Metrics Tell Us About Campbell (CPB) Q1 Earnings
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) Tops Q1 Earnings Estimates
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.
Campbell's Q1 Earnings on the Horizon: Is a Beat Expected From CPB?
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.
Unveiling Campbell (CPB) Q1 Outlook: Wall Street Estimates for Key Metrics
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 Soup (CPB) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
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.
Here's Why Campbell Soup (CPB) is a Strong Growth Stock
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Will Campbell (CPB) Beat Estimates Again in Its Next Earnings Report?
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.
Campbell Soup Rao's Brand Growth Strong And US Sales Trend Improving, Analyst Upgrades Stock
Piper Sandler analyst Michael S. Lavery upgraded Campbell Soup Company CPB to Overweight from Neutral, raising the price forecast from $47 to $56.
Campbell upgraded to Overweight at Piper Sandler on improving volumes, valuation
Piper Sandler upgraded Campbell to Overweight from Neutral with a price target of $56, up from $47. The firm is citing better long-term growth expectations with the company's Rao's brand, as well as its improving U.S. retail sales and volume trends, the analyst tells investors in a research note. The stock's 15% pull-back since mid-September also presents a good buying opportunity as Piper views Campbell as "one of the better-positioned large-cap food names".
Campbell upgraded to Overweight from Neutral at Piper Sandler
Piper Sandler upgraded Campbell to Overweight from Neutral with a price target of $56, up from $47.
