Campbell Soup: reinstates FY targets
(CercleFinance.com) - Campbell Soup today announces its objectives for FY 2019, including EPS of between 2.
4 dollars to 2.5 dollars, or 2.45 dollars to 2.53 dollars, depending on whether or not certain divestments are completed.
Over the first three months of the year, the soup maker saw its adjusted EPS fall 14% to 79 cents, with its adjusted operating profit down 2% at 410 million dollars. Net sales increased by 25% as reported to 2.694 billion dollars, although are down 3% in organic terms.
EPS came in above the consensus of 71 cents.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4 dollars to 2.5 dollars, or 2.45 dollars to 2.53 dollars, depending on whether or not certain divestments are completed.
Over the first three months of the year, the soup maker saw its adjusted EPS fall 14% to 79 cents, with its adjusted operating profit down 2% at 410 million dollars. Net sales increased by 25% as reported to 2.694 billion dollars, although are down 3% in organic terms.
EPS came in above the consensus of 71 cents.
Copyright (c) 2018 CercleFinance.com. All rights reserved.