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Campbell Soup Company to report earnings Wednesday

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Yahoo Finance Live's Seana Smith previews the Campbell Soup Company's stock ahead of their earnings report tomorrow.

Video Transcript

SEANA SMITH: All right, time for our stock to watch today, Campbell's Soup. It's set to report earnings tomorrow. And that will give us an inside look at rising inflation, labor shortages, and the strength of the consumer. Now, analysts are expecting earnings of $0.61, revenue of about $2 billion. Campbell's earnings and revenue has fallen in the previous two quarters. Campbell's Soup has already increased product prices in the past year. So the big question is whether they will be forced to hike again to mitigate inflation headwinds. Now shares are off just about 6% in the past year.