Insight into Campbell Soup Company Q4 2024 Earnings Forecast
Anticipated Performance for Campbell Soup Company Q4 2024
Campbell Soup Company (NYSE: CPB) will release its Q4 2024 earnings results on Thursday, August 29, before market open. Analysts predict revenue of $2.31 billion, reflecting a nearly 12% increase year-over-year. In a challenging economic environment, the company expects adjusted EPS of $0.62, a 24% growth from the previous year.
Revenue and Earnings Expectations
- Revenue expected to increase significantly due to prior quarter success
- Analysts' consensus estimate for EPS is $0.62
- Campbell’s organic sales growth to return moderately
Market Reactions and Strategies
Campbell has navigated inflationary pressures while accelerating growth in its Snacks division and benefiting from its Sovos Brands acquisition. Despite some setbacks in the Snacks category, the company remains optimistic about future performance.
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