Campbell Soup (CPB) reported $2.77 billion in income for the quarter ended October 2024, representing a year-over-year enhance of 10.1%. EPS of $0.89 for a similar interval compares to $0.91 a yr in the past.
The reported income represents a shock of -0.76% over the Zacks Consensus Estimate of $2.79 billion. With the consensus EPS estimate being $0.87, the EPS shock was +2.30%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s value efficiency extra precisely.
Right here is how Campbell carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Internet Gross sales- Meals & Drinks: $1.71 billion versus the four-analyst common estimate of $1.71 billion. The reported quantity represents a year-over-year change of +21.5%.
- Internet Gross sales- Snacks: $1.07 billion in comparison with the $1.08 billion common estimate primarily based on 4 analysts. The reported quantity represents a change of -4.3% yr over yr.
- Working Earnings- Meals & Drinks: $337 million versus the four-analyst common estimate of $317.88 million.
- Working Earnings- Company: -$106 million in comparison with the -$50.25 million common estimate primarily based on 4 analysts.
- Working Earnings- Snacks: $142 million versus $154.46 million estimated by 4 analysts on common.
View all Key Company Metrics for Campbell here>>>
Shares of Campbell have returned -0.3% over the previous month versus the Zacks S&P 500 composite’s +5.8% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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The Campbell’s Company (CPB) : Free Stock Analysis Report
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