Campbell Soup announced earnings per share of $0.55 on revenue of $1.87B. showing slide 1 of 3. A double whammy of rapidly rising costs and dipping sales caused Campbell Soup Co.’s (CPB, Financial) earnings for its second quarter of fiscal year 2022 to drop compared with the year-ago period. 9, 2022 at 8:35 a.m. That sounds pretty impressive. Investor Relations at Campbell Soup. Campbell Soup ( NYSE:CPB – Get Rating) last issued its earnings results on Wednesday, March 9th. Fiscal year 2020 fourth quarter earnings for Campbell Soup (NYSE: CPB) have CPB stock falling lower on Thursday. Campbell Soup annual net income for 2019 was $0.211B, a 19.16% decline from 2018. Mar 09, 2022. Campbell Soup (CPB) is battling commodity, labor and logistics cost inflation. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. The canned soup company said … Campbell Soup Co. (CPB) is scheduled to report fiscal second-quarter results this Wednesday. Campbell Soup (CPB) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.68 per share. This free service provides you with electronic access to annual shareholder materials. However, … Campbell Soup Stock Rises on Earnings and Revenue Beat. Campbell Soup shares fall even as earnings and sales surge on pandemic stocking of the company's iconic red-and-white-labeled canned soup and other staples. CPB expects to sustain the growth momentum in fiscal 2020. The Zacks Consensus Estimate for Campbell Soup’s quarterly earnings has moved up by a penny in the last seven days to 68 cents per share. Revenue / Forecast. The Camden, New Jersey-based snack and soup giant on Thursday reported adjusted earnings per share of 63 cents for the three-month period that ended Aug. 2, a 50% increase over the same period last year. Good morning, and welcome to Campbell's second quarter fiscal 2022 earnings conference call. Ken Goldman — JP … Campbell Soup now expects adjusted 2014 earnings to increase between 2% and 4%, or $2.53 to $2.58 per share. Campbell Soup (CPB) Q2 Earnings: Key financials and quarterly highlights. Results : EPS of $1 on sales of $2.2 billion. Campbell Soup ( NYSE:CPB – Get Rating) last issued its earnings results on Wednesday, March 9th. Net earnings: 292M Administrative expenses: 123M ... See Full Balance Sheet. The company also … However, … March 10, 2021. Stay in touch with our email alerts. Even though results were only slightly below analysts’ estimates, it still shows just how badly inflation is affecting the company. Campbell Soup is expected to earn $0.77/share on $2.24 billion in revenue. CPB, Financial) released the financial results for its third quarter of fiscal 2021 on June 9 before the market opened. Campbell Soup annual net income for 2021 was $1.002B, a 38.45% decline from 2020. Campbell Soup reported strong fiscal fourth-quarter earnings on Thursday, Sept. 3, 2020 boosted by people making more food at home because of the coronavirus pandemic. Adjusted earnings per share (EPS) are envisioned in the range of $2.75-$2.85 for fiscal 2022 compared with $2.98 recorded in fiscal 2021. Campbell Soup Company is a global food company headquartered in Camden, N.J.. Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. This compares to earnings of $0.84 per share a year ago. Adjusted earnings per share (EPS) are envisioned in the range of $2.75-$2.85 for fiscal 2022 compared with $2.98 recorded in fiscal 2021. Campbell Soup Company ( CPB-0.85%) Q3 2021 Earnings Call Jun 9, 2021, 8:00 a.m. Campbell Soup Company One Campbell Place Camden, NJ 08103 Email Investor Relations 1-856-342-6081. Mark A. Clouse — President and Chief Executive Officer. Good morning and welcome to Campbell's first quarter fiscal 2022 earnings conference call. Campbell Soup Company Q4 2020 earnings call dated September 03, 2020Corporate Participants: Rebecca Gardy — Vice President of Investor Relations. ET. Campbell Soup Co. (CPB) Earnings. Over the past 12 months, Campbell Soup generated $870 million in cash while it booked net income of $805 million. The latest earnings per stock, revenues and financial reports for Campbell Soup (CPB). EPS / Forecast. I'm Rebecca Gardy, Head of Investor Relations at Campbell Soup Company. Campbell Soup (CPB) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.68 per share. E-Delivery. Find the latest Earnings Report Date for Campbell Soup Company Common Stock (CPB) at Nasdaq.com. 2021 Annual Report. The maker of Prego pasta sauce and Goldfish crackers now expects fiscal 2020 adjusted earnings per share of $2.87 to $2.92, up from its prior range of $2.55 to $2.60. December 14, 2021. With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The company’s shares dropped 7.8% in premarket trading to $45.30 following the earnings announcement. Ticker: | Expand Research on CPB. Investor Relations. I'm Rebecca Gardy, Head of Investor Relations at Campbell Soup Company. This … Campbell Soup Co. reported on Wednesday a profit for the second quarter that declined 13 percent from last year, hurt by industry-wide inflation and supply constraints.Adjusted earnings for the quarter met analysts' estimates, while annual net sales missed them. The FactSet consensus is for $8.431 billion, suggesting a 0.5% decline, and EPS of $2.76, suggesting a 7.5% drop. Meanwhile, the so-called Whisper number is $0.78. Campbell Soup (CPB) is battling commodity, labor and logistics cost inflation. The company's adjusted earnings-per-share guidance missed Wall Street estimates. Campbell Soup reported strong fiscal fourth-quarter earnings on Thursday, boosted by people making more food at home because of the coronavirus pandemic. December 18, 2020. Campbell expects 2022 revenue to range from flat with a year earlier to a drop of 2%. Campbell Soup stock trades at 16.1 times expected 2022 EPS, 15.5 times estimated 2023 earnings of $2.90 and 14.7 times estimated 2024 earnings of $3.06 per share. CPB Earnings. The company reported $0.69 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.69. Campbell Soup (NYSE:CPB – Get Rating) last posted its quarterly earnings results on Wednesday, March 9th. The firm has a market capitalization of $13.10 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 10.20 and a beta of 0.49. Net earnings attributable to Campbell Soup Company $ 714 $ 1,542 Per share - basic Earnings from continuing operations attributable to Campbell Soup Company $ 2.38 $ 1.68 Earnings (loss) from discontinued operations (.02) 3.43 Net earnings attributable to Campbell Soup Company $ 2.36 $ 5.11 Weighted average shares outstanding - basic 303 302 In depth view into Campbell Soup Earnings Yield including historical data from 1972, charts and stats. For fiscal 2023, the multiple to estimated EPS of $2.93 is 14.3, and for … This compares to earnings of $0.84 per share a year ago. Campbell Soup plans to report its second-quarter earnings results before the bell on Friday. Campbell Soup annual net income for 2020 was $1.628B, a 671.56% increase from 2019. Campbell Soup Co. (CPB) stock edged up 0.3% in Wednesday premarket trading after the food company reported fiscal first-quarter adjusted earnings per share that beat the Street. This … Campbell expects pricing, hiring moves to shore up earnings. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Campbell Soup Estimates: Fiscal Q1 earnings per share of 95 cents, flat with a year ago, with revenue edging down to $2.197 billion. In addition, management targets plant-based growth with its unique plant-powered drink V8 and innovative offerings, such as V8 Plus Protein. The Pacific Foods brand has also been performing impressively. The aforesaid endeavors will aid Campbell Soup to deliver organic net sales growth of 2%, adjusted EBIT of 4-6% and adjusted EPS of 6-8%. Campbell Soup (CPB) Q2 Earnings Beat Estimates Mar. While earnings fell short of Wall Street’s estimates, revenue matched projections. Campbells Soup Company (NYSE: CPB) is among the more attractive consumer discretionary stocks and its shares just went on sale. Analysts expect Campbell Soup to post an adjusted EPS of $0.47 in the third quarter, which implies a YoY (year-over-year) decline of 32.9%. Campbell Soup said it will sell its international businesses and fresh food unit. Latest Release. Joining me today are Mark Clouse, Campbell's President and Chief Executive Officer; and Mick Beekhuizen, Campbell's Chief Financial Officer. Campbell (ticker: CPB) said it earned 69 cents a share in its fiscal second quarter, on revenue that fell just over 3% year over year to $2.21 … Analysts polled by Investing.com anticipated EPS of $0.4702 on revenue of $1.81B. Adjusted earnings per share (EPS) are envisioned in the range of $2.75-$2.85 for fiscal 2022 compared with $2.98 recorded in fiscal 2021. Campbell Soup General Information Description. Campbell Soup Co Earnings per Share (Diluted) Calculation. CAMDEN, NJ — Campbell Soup Co., based in Camden, on Tuesday reported fiscal first-quarter earnings of $275 million. Campbell Soup’s combined adjusted earnings of $0.50 per share beat analysts’ estimates by a wide margin. That means it turned 11.3% of its revenue into FCF. Adjusted earnings per share (EPS) are envisioned in the range of $2.75-$2.85 for fiscal 2022 compared with $2.98 recorded in fiscal 2021. The company also reaffirmed its financial guidance for the full-year 2022. Campbell Soup posted an unanticipated decline in quarterly profit and offered guidance for the current fiscal year below Wall Street expectations amid weakness in … ET. This compares with $245 million, or $0.80 per share, in last year's second quarter. Analysts: Andrew Lazar — Barclays Capital — Analyst. See the latest earnings results for CPB, Explore Campbell Soup Co.'s earnings history, its beat/miss ratio and find out the outlook for next earnings reports. Q2 2022 Campbell Soup Company Earnings Conference Call. 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