Campbell Reports Third-Quarter Results

Go back to Campbell Reports Third-Quarter Results

RBC Capital Reiterates Sector Perform Following Campbell Soup (CPB) 3Q Results

May 26, 2015 9:56 AM EDT

RBC Capital maintains a Sector Perform rating and $48 price target on Campbell Soup (NYSE: CPB) following CPB's 3Q results. Analyst David Palmer believes that, despite CPB's 3Q beat, a soup turnaround is needed to achieve long-term growth targets.

Palmer commented on... More

Campbell Soup (CPB) Tops Q3 EPS by 10c

May 22, 2015 7:15 AM EDT

Campbell Soup (NYSE: CPB) reported Q3 adjusted EPS of $0.62, $0.10 better than the analyst estimate of $0.52. Revenue for the quarter came in at $1.9 million versus the consensus estimate of $1.94 million.

Denise Morrison, Campbells President and Chief Executive Officer, said, In the third quarter, gross margin improved and adjusted EBIT and EPS were better than... More