Categories AlphaGraphs, Consumer, Earnings
CPB Earnings: Key quarterly highlights from Campbell Soup’s Q3 2023 financial results
Campbell Soup Company (NYSE: CPB) reported its third quarter 2023 earnings results today.
Net sales increased 5% year-over-year to $2.23 billion. Organic sales also rose 5%.
Net earnings attributable to Campbell Soup Company were $160 million, or $0.53 per share, compared to $188 million, or $0.62 per share, last year. Adjusted EPS fell 3% to $0.68.
Earnings beat projections while revenue came in line with expectations.
For FY2023, net sales are expected to increase 8.5-10% year-over-year while adjusted EPS is expected to range between $2.95-3.00.
Prior performance
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to