CPB - Top Wall Street Forecasters Revamp Campbell Soup Expectations Ahead Of Earnings | Benzinga
Campbell Soup Company (NYSE:CPB) will release earnings results for its third quarter, before the opening bell on Wednesday.
Analysts expect the Camden, New Jersey-based company to report quarterly earnings at 70 cents per share. That's up from 68 cents per share in the year-ago period. Campbell Soup is projected to post quarterly revenue of $2.35 billion, according to data from Benzinga Pro.
Campbell Soup, last week, announced strategic plans to revamp its supply chain, aiming to spur business growth, improve return on invested capital, and boost the efficiency of its manufacturing and distribution network.
Campbell Soup shares fell 0.1% to close at $44.18 on Tuesday.
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