Campbell Reports Fourth-Quarter and Full-Year Fiscal 2020 Results
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Stifel Reiterates Hold Rating on Campbell Soup (CPB)
September 4, 2020 6:58 AM EDTStifel analyst Christopher Growe reiterated a Hold rating and $53.00 price target on Campbell Soup (NYSE: CPB) following the company's 4Q earnings report. Campbell reported EPS of $0.63, up 28% over the prior year during this period of elevated demand due to COVID. The shares were weak,... More
Campbell Soup (CPB) Tops Q4 EPS by 3c, Revenues Beat; Provides 1Q EPS Guidance
September 3, 2020 7:02 AM EDTCampbell Soup (NYSE: CPB) reported Q4 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $2.07 billion.
Fourth-quarter Net Sales increased 18%; Organic Net Sales increased 12% reflecting continued increased demand for our productsFourth-quarter Earnings Per Share (EPS) from Continuing Operations of $0.28 increased from a loss of $0.02; Adjusted EPS of $0.63 increased... More