Categories AlphaGraphs, Consumer, Earnings
CPB Earnings: Key quarterly highlights from Campbell Soup’s Q2 2024 financial results
Campbell Soup Company (NYSE: CPB) reported second quarter 2024 earnings results today.
Net sales totaled $2.5 billion, down 1% on both a reported and organic basis compared to the same period a year ago.
Net earnings attributable to Campbell Soup Company were $203 million, or $0.68 per share, compared to $232 million, or $0.77 per share, last year. Adjusted EPS remained flat at $0.80.
Both revenue and earnings surpassed estimates.
For fiscal year 2024, net sales growth is expected to be down 0.5% to up 1.5% compared to the previous year. Organic sales growth is expected to be flat to up 2% versus last year. Adjusted EPS is expected to range between $3.09-3.15.
The stock dipped 1% in premarket hours on Wednesday, following the announcement.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key takeaways from Micron’s (MU) first-quarter 2026 results
Micron Technology Inc. (NASDAQ: MU) has reported blockbuster first-quarter results, comfortably beating estimates as strength in data center demand pushed key operating metrics to record levels. Management is now focused
Lennar (LEN) continues to battle a stubbornly difficult housing market
Shares of Lennar Corporation (NYSE: LEN) were down 2% on Thursday. The stock has dropped 17% over the past three months. The homebuilder saw its revenues and profits decline in
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
