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.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/03/Campbell-Soup-Q2-2024-Earnings-Infographic-648x1024.jpg)
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
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/12/Campbell-Soup-Q1-2024-Earnings-Infographic-648x1024.jpg)
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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%