Campbell Soup (CPB) shares rise after lifting full-year guidance
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Campbell Soup (CPB) PT Raised to $50 at BofA Securities
December 8, 2022 9:21 AM ESTBofA Securities analyst Peter Galbo raised the price target on Campbell Soup (NYSE: CPB) to $50.00 (from $46.00) while maintaining a Underperform rating.
... MoreCampbell lifts forecasts on firm demand for pricier meals, snacks
December 7, 2022 7:29 AM ESTBy Granth Vanaik and Uday Sampath Kumar
(Reuters) -Campbell Soup Co raised its annual sales and profit forecasts on Wednesday, supported by easing supply-chain issues and steady demand for its soups and meals even as the company raised prices to offset rising costs.
Shares of Campbell rose 3.4% premarket after the New Jersey-based company beat first-quarter estimates.
Packaged food manufacturers in North America have seen relatively little pushback from shoppers despite multiple rounds of... More
Campbell Soup (CPB) Tops Q1 EPS by 16c, Updates Guidance
December 7, 2022 7:17 AM ESTCampbell Soup (NYSE: CPB) reported Q1 EPS of $1.02, $0.16 better than the analyst estimate of $0.86. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.42 billion.
GUIDANCE:
Campbell Soup sees FY2023 EPS of $2.90-$3.00, versus the consensus of... More
Brown Forman, Campbell Soup, GameStop and more: 3 things to watch
December 6, 2022 4:21 PM ESTBy Liz Moyer
Investing.com -- Stocks notched another down day on Tuesday, led by a slump in tech stocks as investors worry about the Fed's next move on interest rates.
The Federal Reserve meets for its last meeting of the year next week. Up to now, the expectation had been that it could start to ease off its pace of interest rate increases given data showing the economy has slowed.
While it's still... More
