Campbell's Q3 Revenue Estimate at $2.39B, EPS at $0.49 Ahead of June 8 Release
CPB is trading near its 52-week low of $19.555 (7.5% above the low).
Summary
Campbell's Q3'26 revenue is estimated at $2.39 billion, with an anticipated EPS of $0.49. These estimates set market expectations for the company's upcoming earnings announcement on June 8. This follows the Q2 results reported in March, which showed a 4.5% decline in net sales and a significant reduction in fiscal-year guidance. The current Q3 estimates for both revenue and EPS are lower than recent reported quarters, indicating continued challenges for the company. Q3 earnings are scheduled for June 8.
At the time of this announcement, CPB was trading at $21.03 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $6.3B. The 52-week trading range was $19.56 to $35.00. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.