Campbell's Fiscal Q1 Adjusted EPS Decreases, Net Sales Rise -- Shares Drop After Hours

MT Newswires Live
04 Dec 2024

Campbell's (CPB) reported Fiscal Q1 adjusted earnings Tuesday of $0.89 per diluted share, down from $0.91 a year earlier.

Analysts polled by FactSet expected $0.87.

Net sales for the quarter ended Oct. 27 were $2.77 billion, up from $2.52 billion a year earlier.

Analysts surveyed by FactSet expected $2.80 billion.

The company said it still expects fiscal 2025 adjusted EPS between $3.12 and $3.22.

Analysts polled by FactSet expect EPS of $3.18.

Shares were down 4% in after-hours activity.

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