Campbell Reports First-Quarter Results
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Campbell Soup (CPB) PT Lowered to $41 at Credit Suisse; Guidance Still Looks Overly Optimistic
November 22, 2017 7:26 AM UTCCredit Suisse lowered its price target on Campbell Soup (NYSE: CPB) to $41.00 (from $43.00) while maintaining a Underperform rating following weak results and guidance.
Analyst Robert Moskow said the guidance reduction still looks overly optimistic. The firm is lowering FY18 EPS estimate to $2.94 (from $3.00),... More
Campbell Soup (CPB) PT Lowered to $45 at Morgan Stanley
November 22, 2017 6:27 AM UTCMorgan Stanley lowered its price target on Campbell Soup (NYSE: CPB) to $45.00 (from $46.00) while maintaining a Underweight rating following the Q1 shortfall and weak outlook.
Analyst Matthew Grainger notes the F18 outlook moves lower on incremental C-Fresh headwinds and pressure... More
Campbell Soup (CPB) Misses Q1 EPS by 5c, Trims Guidance
November 21, 2017 7:16 AM UTCCampbell Soup (NYSE: CPB) reported Q1 EPS of $0.92, $0.05 worse than the analyst estimate of $0.97. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.17 billion.
GUIDANCE:
Campbell Soup sees FY2018 EPS of $2.95-$3.02, versus the consensus of... More
