Campbell Soup Company (NYSE:CPB), a renowned name in the food industry, is set to release its quarterly earnings on Wednesday, June 5, 2024, before the market o

Campbell Soup Company Earnings Preview


blog post cover photo

Image credit: Google Images

  • Projected Earnings: Analysts forecast an EPS of $0.7 and revenue of approximately $2.35 billion for the upcoming quarter.
  • Historical Performance: Campbell has a history of exceeding earnings expectations, with an average earnings surprise of 4.25% over the past two quarters.
  • Financial Health: Key financial ratios such as a P/E ratio of 17.20, P/S ratio of 1.42, and a current ratio of 1.01 highlight the company's valuation and liquidity.

Campbell Soup Company (NYSE:CPB), a renowned name in the food industry, is set to release its quarterly earnings on Wednesday, June 5, 2024, before the market opens. Known for its wide range of products, including canned soups, Pepperidge Farm cookies, and V8 juices, Campbell operates within the competitive Zacks Food-Miscellaneous industry. As the earnings date approaches, Wall Street analysts have forecast earnings per share (EPS) of $0.7 and revenue expectations of approximately $2.35 billion for the quarter.

Investors and analysts are closely monitoring Campbell's performance, especially given its history of exceeding earnings expectations. The company has a notable track record, with an average earnings surprise of 4.25% over the past two quarters. This consistent outperformance, including earnings of $0.80 per share in its most recent quarter against a consensus estimate of $0.77 and $0.91 per share the quarter before that, versus an expected $0.87, sets a promising stage for the upcoming earnings announcement.

Financial ratios provide further insight into Campbell's valuation and financial health. With a price-to-earnings (P/E) ratio of 17.20, investors show their willingness to pay $17.20 for every dollar of CPB's earnings, indicating expectations of future growth. The price-to-sales (P/S) ratio at 1.42 and the enterprise value-to-sales (EV/Sales) ratio of 1.92 reflect the company's value from sales perspectives, both in terms of market capitalization and adjusted for debt. Additionally, the enterprise value to operating cash flow (EV/OCF) ratio of 16.28 highlights the company's valuation in relation to its operating cash flows, a critical measure of financial efficiency.

Campbell's earnings yield of about 5.81% offers an attractive proposition to investors, showcasing the earnings generated for each dollar invested. The debt-to-equity (D/E) ratio of 1.19 indicates a balanced approach to financing its assets, combining both debt and equity. The current ratio of 1.01 suggests that the company is well-positioned to cover its short-term liabilities with its short-term assets, an important indicator of liquidity.

As Campbell Soup Company prepares to unveil its quarterly earnings, the combination of its strong earnings track record, solid financial ratios, and the anticipation built around its projected EPS and revenue figures positions CPB as a company to watch in the upcoming earnings season.

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 23, 2023 2:19 AM - Parth Sanghvi

Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges

Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...

blog post title

Dec 25, 2023 2:28 AM - Parth Sanghvi

Integrating Sustainability into Valuations: Navigating ESG Factors within the Discounted Cash Flow (DCF) Model

Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...

blog post title


Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
2017-2024 © Financial Modeling Prep