The Campbell's Company (CPB)
Don't Overlook Campbell Soup: Here's What Could Drive Its Stock
Campbell Soup NASDAQ: CPB is one of the most well-known food product firms in the United States but it definitely isn't stock on the tip of everyone's tongue in a market dominated by technology and AI.
Campbell Soup projects annual sales growth above expectations
Campbell Soup Company (NYSE:CPB) projected annual sales growth exceeding Wall Street estimates, driven by recent price hikes and strong demand for its soups and ready-to-eat meals. The company forecasts annual sales growth between 9% and 11% for fiscal 2025, exceeding Wall Street's expectation of an 8.92% increase.
Campbell Soup's Q4 Earnings Top Estimates, Organic Sales Dip
Campbell Soup's Q4 results reflect gains from the Sovos Brands buyout and supply-chain productivity. CPB's organic sales fall due to adverse net price realization.
Campbell Soup Company (CPB) Q4 2024 Earnings Call Transcript
Campbell Soup Company (NASDAQ:CPB ) Q4 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief IR Officer Mark Clouse - CEO Carrie Anderson - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Michael Lavery - Piper Sandler Jim Salera - Stephens Operator Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company Fourth Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
Compared to Estimates, Campbell (CPB) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Campbell (CPB) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Campbell Soup (CPB) Beats Q4 Earnings Estimates
Campbell Soup (CPB) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.50 per share a year ago.
Campbell Soup forecasts annual sales above estimates on steady demand
Campbell Soup Co forecast annual sales above Wall Street expectations on Thursday, betting on benefits from several quarters worth of price hikes as well as steady demand for its soups and ready-to-eat meals.
Is CPB Stock a Buy, Sell or Hold Post Pop Secret's Divestiture?
As part of its efforts to enhance a focus on its Snacks division, Campbell Soup divests its Pop Secret popcorn business to Our Home.
Campbell Soup's Q4 Earnings Coming Up: What Awaits CPB Stock?
Campbell Soup's Q4 results are likely to reflect gains from the Sovos Brands acquisition and CPB's resilient Snacks business amid a dynamic consumer landscape.
Insights Into Campbell (CPB) Q4: Wall Street Projections for Key Metrics
Evaluate the expected performance of Campbell (CPB) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Campbell Soup (CPB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Campbell (CPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Campbell Soup Is A Growing Sauce Player After Sovos Acquisition
Campbell Soup Company has risen almost 14% in price since January, following the acquisition of Sovos Brands for $2.7 billion. The acquisition makes Campbell Soup a major player in the sauce market, strengthening its brand presence and potentially saving $50 million over the next two years. Despite increased debt from the acquisition, Campbell Soup trades at a justifiable premium price/book value of 3.73, with steady earnings and growth expected.
