Campbell Reports Fourth-Quarter Fiscal 2022 Results Provides Full-year Fiscal 2023 Guidance
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Campbell Soup (CPB) Tumbles Following Earnings, Analyst Worried About Incremental Pricing
September 1, 2022 10:36 AM EDTCampbell Soup (NYSE: CPB) shares tumbled Thursday after the company reported earnings before the open.
The company's shares are down more than 6% at the time of writing, trimming some of the gains made this year.
Campbell Soup reported fiscal fourth-quarter earnings of $0.56, in-line with the analyst estimate of $0.56, while Rrevenue for the quarter came in at $2 billion versus the consensus estimate of $1.98 billion.
"During fiscal 2022, we demonstrated a significant step up in execution across the company with improved supply chain performance and effective revenue management to counter inflation. Our solid... More
Campbell Soup (CPB) Reports In-Line Q4 EPS
September 1, 2022 7:28 AM EDTCampbell Soup (NYSE: CPB) reported Q4 EPS of $0.56, in-line with the analyst estimate of $0.56. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.98 billion.
GUIDANCE:
Campbell Soup sees FY2023 EPS of $2.85-$2.95, versus the consensus of... More
