Campbell Reports Fourth-Quarter and Full-Year Results and Increases Quarterly Dividend
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UBS Cuts Price Target on Campbell Soup (CPB) to $51; Reiterates Sell
September 2, 2016 8:37 AM EDTUBS maintained a Sell rating on Campbell Soup (NYSE: CPB), and cut the price target to $51.00 (from $52.00), following the company's 4Q earnings report.
Analyst Steven Strycula commented, "Campbell's stock sell-off is more a reaction to lower FY17 EPS guide ($3.00-$3.09 vs Street... More
RBC Capital Cuts Price Target on Campbell Soup (CPB) Following 4Q
September 2, 2016 6:54 AM EDTRBC Capital maintained a Sector Perform rating on Campbell Soup (NYSE: CPB), and cut the price target to $58.00 (from $62.00), following the company's 4Q earnings report. RBC Capital cut 2017 EPS estimates from $3.13 to $3.02, compared to $3.14 consensus. RBC also introduced a 2018 estimate of $3.17.
Analyst... More
Campbell Soup (CPB) Raises Quarterly Dividend 12.2% to $0.35; 2.3% Yield
September 1, 2016 7:18 AM EDTCampbell Soup (NYSE: CPB) declared a quarterly dividend of $0.35 per share, or $1.4 annualized. This is a 12.2% increase from the prior dividend of $0.312.
The dividend will be payable on October 31, 2016, to stockholders of record on October 12, 2016, with an ex-dividend date of October 7,... More
Campbell Soup (CPB) Misses Q4 EPS by 4c, FY17 EPS Guidance Comes in Light
September 1, 2016 7:17 AM EDTCampbell Soup (NYSE: CPB) reported Q4 EPS of $0.46, $0.04 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $1.69 billion versus the consensus estimate of $1.69 billion.
GUIDANCE:
Campbell Soup sees FY2017 EPS of $3.00-$3.09, versus the consensus of... More
