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Earnings Preview: Campbell Soup

Benzinga Insights
·1 min read

Campbell Soup (NYSE: CPB) unveils its next round of earnings this Thursday, September 03. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Wall Street analysts see Campbell Soup reporting earnings of $0.6 per share on revenue of $2.07 billion. In the same quarter last year, Campbell Soup reported EPS of $0.5 on revenue of $2.02 billion. The Wall Street consensus estimate for earnings per share would represent a 20.0% increase for the company. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter

Q3 2020

Q2 2020

Q1 2019

Q4 2019

EPS Estimate

0.71

0.66

0.72

0.41

EPS Actual

0.83

0.72

0.78

0.50

Revenue Estimate

2.17 B

2.15 B

2.20 B

1.98 B

Revenue Actual

2.24 B

2.16 B

2.18 B

2.02 B

Stock Performance

Over the last 52-week period, shares are up 17.14%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

View more earnings on CPB

Don't be surprised to see the stock move on comments made during its conference call. Campbell Soup is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/n977bors

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