Recent

% | $
Quotes you view appear here for quick access.

Campbell Soup Company Message Board

  • rjjensenia rjjensenia Nov 20, 2012 7:47 AM Flag

    Beat on earnings, a little light on revenues.

    As per usual, I predict we sell off on news. It does not seem to matter if the news is good or bad, history predicts after earnings come out CPB corrects in price. I hope this time is an exception!!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • People are buying back, New Year, you know.

      Sentiment: Strong Buy

    • Preemarkegt price is higher but i too think it will back off. The premarket price of $38 is 15X estimated earnings for next year. This is where it has laways backed off. The earnings do not grow at 15%. Actually, th earnings are down and the last acquistion is really going to be a drag. The bad thing is the suspension of stock buy backs. CPB just plain over paid for the acquisition.I am bailing here.

      Sentiment: Strong Sell

      • 1 Reply to jiang987
      • you're leaving just as the party is getting started. I might add the stock is only off about 50 cents from the earnings call high, hardly a disappointment.
        If you may recall, Heinz was stuck in the mud for years, and look at the price now. Anyone who bailed in the high 40's (where many a pundit thought was the top) is not a happy camper.
        Denise is doing a great job, making good decisions. My price target is $40-$42 by next summer.

 
CPB
49.17+0.46(+0.94%)Jul 30 4:01 PMEDT