Campbell Reports Third-Quarter Results

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Go back to Campbell Reports Third-Quarter Results

Campbell Soup (CPB) Misses Q3 EPS by 5c, Updates FY Guidance

May 19, 2017 7:16 AM EDT

(Updated - May 19, 2017 7:18 AM EDT)

Campbell Soup (NYSE: CPB) reported Q3 EPS of $0.59, $0.05 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.87 billion.

GUIDANCE:

Campbell Soup sees FY2017 EPS of $3.04-$3.09, versus the consensus of $3.06.

Campbell now expects sales to change by -1 to 0 percent (previously 0 to 1 percent)

CEO Comments

Denise Morrison, Campbells President and Chief Executive Officer, said,... More