• Campbell's Co CPB.OQ reported quarterly adjusted earnings of 74 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 80 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 70 cents to 74 cents per share.

• Revenue rose 9.3% to $2.69 billion from a year ago; analysts expected $2.74 billion.

• Campbell's Co's reported EPS for the quarter was 58 cents​.

• The company reported quarterly net income of $173 million.

• Campbell's Co shares had fallen by 3.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.3% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 11 "hold" and 4 "sell" or "strong sell."

• The average consensus recommendation for the food processing peer group is also "hold"

Wall Street's median 12-month price target for Campbell's Co is $46.00

This summary was machine generated from LSEG data March 5 at 06:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)