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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
