Categories AlphaGraphs, Consumer, Earnings
CPB Earnings: Key quarterly highlights from Campbell Soup’s Q1 2024 financial results
Campbell Soup Company (NYSE: CPB) reported first quarter 2024 earnings results today.
Net sales decreased 2% year-over-year to $2.52 billion. Organic sales were down 1%.
Net earnings attributable to Campbell Soup Company declined 21% to $234 million, or $0.78 per share, compared to last year. Adjusted EPS decreased 11% to $0.91.
Earnings beat estimates while revenues came in line with expectations.
For the full year of 2024, net sales growth is expected to range between down 0.5% to up 1.5%. Organic net sales are expected to grow 0-2%. Adjusted EPS is expected to be $3.09-3.15.
The stock rose over 1% in premarket hours on Wednesday following the earnings announcement.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key highlights from Eli Lilly’s (LLY) Q1 2024 earnings results
Eli Lilly and Company (NYSE: LLY) reported first quarter 2024 earnings results today. Worldwide revenue was $8.77 billion, up 26% from the year-ago quarter, driven by increases of 16% in
MCD Earnings: Key quarterly highlights from McDonald’s Q1 2024 financial results
McDonald's Corporation (NYSE: MCD) reported first quarter 2024 earnings results today. Revenues increased 5% year-over-year to $6.1 billion. Revenue growth was 4% in constant currencies. Net income grew 7% to
KO Earnings: All you need to know about Coca-Cola’s Q1 2024 earnings results
The Coca-Cola Company (NYSE: KO) reported its first quarter 2024 earnings results today. Net revenues grew 3% year-over-year to $11.3 billion. Organic revenues grew 11%. Net income attributable to shareowners
