Campbell Reports First-Quarter Fiscal 2023 Results

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Campbell Soup (CPB) shares rise after lifting full-year guidance

December 7, 2022 11:53 AM EST

Campbell Soup (NYSE: CPB) shares jumped over 4% Wednesday after the company topped fiscal first-quarter profit and revenue expectations.

The company's earnings per share for the period came in at $1.02, $0.16 better than the analyst estimate of $0.86, while revenue was $2.58 billion versus the consensus estimate of $2.42 billion.

Net sales and organic net sales growth of 15% were put down to inflation-driven... More

Campbell Soup (CPB) Tops Q1 EPS by 16c, Updates Guidance

December 7, 2022 7:17 AM EST

Campbell Soup (NYSE: CPB) reported Q1 EPS of $1.02, $0.16 better than the analyst estimate of $0.86. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.42 billion.

GUIDANCE:

Campbell Soup sees FY2023 EPS of $2.90-$3.00, versus the consensus of... More